Company: EPR-PE
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001193125-25-266433
Chunk: 31

Company: EPR PROPERTIES
Filing Date: 2025-11-05
Form: 424B5
Chunk 31
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 receive a notice of Default stating they are in breach. Either the Trustee or the holders of more than 25% in principal amount of the then outstanding Notes may send the notice; |

| (5) | final judgments aggregating in excess of $50.0 million (exclusive of amounts covered by insurance) are entered     
 against the Issuer and its Restricted Subsidiaries and are not paid, discharged or stayed for a period of 60 days; |

| (6) | the Issuer or its Restricted Subsidiaries default under any of their indebtedness in an aggregate principal amount                                                                                                                                   
 exceeding $50.0 million after the expiration of any applicable grace period, which default results in the acceleration of the maturity of such indebtedness. Such default is not an Event of Default if the other indebtedness is discharged, or the 
 acceleration is rescinded or annulled, within a period of 30 days after the Issuer or its Restricted Subsidiaries receives notice specifying the default and requiring that they discharge the other indebtedness or cause the acceleration to be    
 rescinded or annulled. Either the Trustee or the holders of more than 25% in principal amount of the then outstanding Notes may send the notice;                                                                                                     |

S-25

| (7) | the Issuer or any of its Significant Subsidiaries or any group of Subsidiaries that, taken as a whole, would constitute a 
 Significant Subsidiary files for bankruptcy or certain other events in bankruptcy, insolvency or reorganization occur; or |

| (8) | any Guarantee of a Significant Subsidiary of the Issuer ceases to be in full force and effect or is declared null and                                                                       
 void or any Guarantor denies or disaffirms its obligations under the indenture or any Guarantee other than by reason of the release of any such Guarantee in accordance with the Indenture. |

Remedies if an event of default occurs If an Event of Default with respect to the Notes has occurred and has not been cured, either the Trustee or the holders of at least 25% in principal amount of the then outstanding Notes may declare the entire principal amount of the Notes to be due and immediately payable by written notice to the Issuer and the Trustee. If an Event of Default occurs because of certain events in bankruptcy, insolvency or reorganization, the principal amount of all the Notes will be automatically accelerated, without any action by the Trustee or any holder. At any time