Company: LEN
Filing Date: 2025-05-13
Form Type: 424B5
Source: 0001193125-25-118869
Chunk: 38

Company: LENNAR CORP /NEW/
Filing Date: 2025-05-13
Form: 424B5
Chunk 38
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 required to consent to any such amendment or to waive a Default or Event of Default as described under “Events of Default, Notice and Waiver.” We and the Trustee may modify the Indenture without notice to or the consent of any holder in order to make certain minor changes that do not adversely affect the holders of the Notes and to conform the text of the Indenture or the Notes (or any guarantee of the Notes) to any corresponding provisions of the “Description of Debt Securities” or “Description of Notes” or similar provisions in any prospectus filed in respect of the Notes (including any prospectus supplement). Notices Except as otherwise provided in this “Description of Notes” or the Indenture, notices to holders of the Notes will be given by mail to the addresses of holders of the Notes as they appear in the Notes register; provided that notices given to holders holding Notes in book-entry form may be given through the facilities of DTC or any successor depositary. No Personal Liability of Directors, Officers, Employees and Stockholders No director, officer, employee, incorporator, stockholder or partner of Lennar Corporation, or any successor or any subsidiary of the foregoing, as such, will have any liability for any obligations of Lennar Corporation or any Subsidiary under the Notes or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws. Unclaimed Money If money deposited with the Trustee or a Paying Agent for the payment of principal of, or premium, if any, or accrued and unpaid interest on, the Notes remains unclaimed for two years, the Trustee and Paying Agent will pay the money back to us upon our written request. However, the Trustee and Paying Agent have the right to withhold paying the money back to us until they publish, at our expense, in a newspaper of general circulation in the City of New York, or mail to each registered holder, a notice stating that the money will be paid back to us if unclaimed after a date no less than 30 days from the publication or mailing. After the Trustee or Paying Agent pays the money back to us, holders of Notes entitled to the money must look to us for payment as general creditors, subject to applicable