Company: OXY-WT
Filing Date: 2025-07-28
Form Type: S-3ASR
Source: 0001628280-25-036198
Chunk: 35

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-07-28
Form: S-3ASR
Chunk 35
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ordinated debt securities of that series which have become due otherwise than by such declaration of acceleration and interest thereon, to the extent payment of such interest is lawful, interest on overdue installments of interest, all sums paid or advanced by the Subordinated Indenture Trustee, the reasonable compensation, expenses, disbursements and advances of the Subordinated Indenture Trustee, its agents and counsel and any other amount due to the Subordinated Indenture Trustee under the Subordinated Indenture, and

• all events of default with respect to outstanding subordinated debt securities of that series, other than the non-payment of the principal of and interest on such subordinated debt securities which became due solely by such declaration of acceleration, have been cured or waived in accordance with the terms of the Subordinated Indenture.

The holders of a majority in principal amount of the outstanding subordinated debt securities of any series may waive any past default with respect to that series and its consequences, except defaults regarding:

• payment of principal or interest; or

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• covenants that cannot be modified or amended without the consent of the holder of each outstanding subordinated debt security of such series affected (as described under “-Modification of Subordinated Indenture; Waiver” below).

Any waiver shall cure such default and the corresponding event of default.

Subject to the terms of the Subordinated Indenture, the Subordinated Indenture Trustee will be under no obligation to exercise any of its rights or powers under the Subordinated Indenture at the request or direction of any of the holders of the applicable series of subordinated debt securities, unless the holders have offered the Subordinated Indenture Trustee reasonable security or indemnity against costs, expenses and liabilities to be incurred in compliance with such request. The holders of a majority in principal amount of the outstanding subordinated debt securities of any series will have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Subordinated Indenture Trustee, or exercising any trust or power conferred on the Subordinated Indenture Trustee, with respect to the subordinated debt securities of that series, provided that:

• the direction given to the Subordinated Indenture Trustee is not in conflict with any law or the Subordinated Indenture;

• the Subordinated Indenture Trustee may take any other action deemed proper by it which is not inconsistent with that direction; and

• the Subordinated