Company: RWT-PA
Filing Date: 2025-08-22
Form Type: 424B5
Source: 0001104659-25-081925
Chunk: 79

Company: REDWOOD TRUST INC
Filing Date: 2025-08-22
Form: 424B5
Chunk 79
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 the notes, and the default continues for five business days;

(4)

failure by us to comply with our obligations under “— Consolidation, merger and sale of assets”;

(5)

failure by us to send (x) a fundamental change repurchase right notice pursuant to the provisions described above under “— Fundamental change permits holders to require us to repurchase notes”; or (y) a notice pursuant to the provisions described above under the caption “— Conversion rights — When the notes may be converted — Conversion upon specified corporate events,” if, in the case of any notice set forth in clause (x) or (y) other than a notice pursuant to the provisions described above under the caption “— Conversion rights — When the notes may be converted — Conversion upon specified corporate events — Certain distributions,” such failure is not cured within five days after its occurrence;

(6)

failure by us for 60 days after written notice from the trustee or the holders of at least 25% principal amount of the notes then outstanding has been received by us to comply with any of our other agreements contained in the notes or indenture;

(7)

default by us or any of our subsidiaries with respect to any mortgage, agreement or other instrument under which there may be outstanding, or by which there may be secured or evidenced, any debt for money borrowed (other than non-recourse debt of a subsidiary) in excess of $25 million in the aggregate of ours and/or any such subsidiary, whether such debt now exists or shall hereafter be created, which default results (i) in such debt becoming or being declared due and payable, and such debt has not been discharged in full or such declaration rescinded or annulled within 60 days; or (ii) from a failure to pay the principal of any such debt when due and payable at its stated maturity, upon required repurchase, upon declaration of acceleration or otherwise, and such defaulted payment shall not have been made, waived or extended within 60 days;

(8)

a final judgment for the payment of $25 million or more (excluding any amounts covered by insurance) rendered against us or any of our subsidiaries, which judgment is not discharged, stayed, vacated, paid or otherwise satisfied within 60 days after (i) the date on which the right to appeal thereof has expired if no such appeal has commenced; or (ii) the date on which all rights to appeal have been extinguished; or

(9)

certain events of bankruptcy, insolvency or reorganization of the Company or