Company: BSX
Filing Date: 2025-02-24
Form Type: 424B2
Source: 0001104659-25-016521
Chunk: 99

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-02-24
Form: 424B2
Chunk 99
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 writing to the issuer and, if applicable, the guarantor (and to the trustee if given by Holders), and upon any such declaration such principal amount (or specified portion thereof) shall become immediately due and payable. If an event of default specified in clause (6) above occurs and is continuing, then the principal amount of all the debt securities then outstanding (or, if any such debt securities are Original Issue Discount Securities or Indexed Securities, such portion of the principal amount as may be specified in the terms of that series) shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the trustee or any Holder. In certain cases, Holders of a majority in principal amount of the outstanding debt securities of any series may, on behalf of Holders of all those debt securities, rescind and annul a declaration of acceleration.

The indenture provides that the trustee will not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by the indenture. The indenture provides that no Holder of any debt securities or any series or any related coupons will have any right to institute any proceeding, judicial or otherwise, with respect to the indenture, or for the appointment of a receiver or trustee, or for any other remedy under the indenture, unless:

(1)

such Holder has previously given written notice to the trustee of a continuing event of default with respect to the debt securities of that series;

(2)

the Holders of not less than 25% in principal amount of the then outstanding debt securities of that series (in the case of an event of default described in clauses (1), (2), (3), (4), (5) or (7) above),

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or, in the case of any event of default described in clause (6) above, the Holders of not less than 25% in principal amount of all outstanding debt securities, shall have made written request to the trustee to institute proceedings in respect of such event of default in its own name as trustee under the indenture;

(3)

such Holder or Holders have offered to the trustee reasonable indemnity satisfactory to it against the costs, expenses and liabilities to be incurred in compliance with such request;

(4)

the trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed to institute any