Company: INDP
Filing Date: 2025-08-13
Form Type: S-3
Source: 0001641172-25-023490
Chunk: 30

Company: Indaptus Therapeutics, Inc.
Filing Date: 2025-08-13
Form: S-3
Chunk 30
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 under a bond,                                                                                                                    
 debenture, note, mortgage, indenture or instrument evidencing indebtedness for money borrowed by us, or by any subsidiaries of ours         
 that we have guaranteed or for which we are directly responsible or liable as obligor or guarantor, that has a principal amount outstanding 
 of $20,000,000 or more, other than indebtedness which is non-recourse to us or our subsidiaries, which default has caused the indebtedness  
 to become due and payable earlier than it would otherwise have become due and payable, and the indebtedness has not been discharged         
 or the acceleration has not been rescinded or annulled, within 30 days after written notice was provided to us in accordance with           
 the applicable indenture;                                                                                                                   |
| ● | the bankruptcy, insolvency                                                                                                                  
 or reorganization or court appointment of a receiver, liquidator or appointment of a trustee for us or of any of our Significant            
 Subsidiaries, or for all or substantially all of our properties or the properties of our Significant Subsidiaries; and                      |
| ● | any other event of default                                                                                                                  
 described in the applicable prospectus supplement and indenture.                                                                            |

| 20 |

If there is a continuing event of default with respect to outstanding debt securities of a series, then the trustee or the holders of not less than 25% in aggregate principal amount of the outstanding debt securities of that series, voting as a single class, may declare immediately due and payable the principal amount or other amount as may be specified by the terms of those debt securities and any premium or make-whole amount on the debt securities of that series; provided, however, that upon the occurrence and continuation of certain defaults related to bankruptcy or insolvency, the principal (or, if any debt securities are Original Issue Discount Securities or Indexed Securities, such portion of the principal as may be specified in the terms thereof) of, and the Make-Whole Amount, if any, on, all the outstanding debt securities of that series and any accrued interest through the occurrence of such Event of Default, shall become due and payable immediately, without any declaration or other act by the trustee or any other holder. However, at any time after an acceleration with respect to debt securities of a series has been made, but before a judgment or decree for payment of the money due has been obtained by the trustee, the holders of not less than a majority in principal amount of the outstanding debt securities of that series may cancel the acceleration and annul its