Company: INVH
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179878
Chunk: 42

Company: Invitation Homes Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 42
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 cause to be made all necessary repairs, renewals, replacements, betterments and improvements of the Company’s and its Subsidiaries’ material properties, all as in the Company’s judgment may be necessary so that the business carried on in connection therewith may be properly and advantageously conducted at all times; provided, however, that the Company and its Subsidiaries will not be prevented from (1) removing permanently any property that has been condemned or suffered a casualty loss, if it is in the Company’s or such Subsidiary’s best interests, (2) discontinuing maintenance or operation of any property if, in the Company’s or such Subsidiary’s reasonable judgment, doing so is in the Company’s or such Subsidiary’s best interest and is not disadvantageous in any material respect to the holders of the notes or (3) selling or otherwise disposing for value the Company’s or its Subsidiaries’ properties in the ordinary course of business. Insurance The Company will, and will cause each of its Subsidiaries to, maintain (either directly or indirectly by causing its tenants to maintain), with responsible companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations in accordance with prevailing market conditions and availability. S-27

Certain Definitions For purposes of the foregoing covenants, the following definitions apply: “Acquired Debt” means Debt of a Person (1) existing at the time such Person becomes a Subsidiary or (2) assumed in connection with the acquisition of assets from such Person, in each case, other than Debt incurred in connection with, or in contemplation of, such Person becoming a Subsidiary or such acquisition. Acquired Debt shall be deemed to be incurred on the date of the related acquisition of assets from any Person or the date the acquired Person becomes a Subsidiary. “Annual Service Charge” means, for any period, without duplication, the maximum amount that is payable for interest expense on, and the amortization during such period of any original issue discount of, the Company’s and its Subsidiaries’ Debt in such period, but excluding: (1) interest reserves funded from the proceeds of any loan; (2) amortization of deferred financing costs, including gains or losses on early extinguishment of debt; (3) prepayment penalties; (4) non-cashswap ineffectiveness charges; and (5) any