Company: GRRR
Filing Date: 2025-07-02
Form Type: 424B5
Source: 0001213900-25-060827
Chunk: 60

Company: Gorilla Technology Group Inc.
Filing Date: 2025-07-02
Form: 424B5
Chunk 60
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) of, and any premium and interest on, all outstanding debt securities of the series; and                                      |

| ● | we deliver to the trustee an opinion of counsel from a nationally recognized law firm to the effect that the holders of the series        
 of debt securities will not recognize income, gain or loss for U.S. federal income tax purposes as a result of the defeasance or covenant 
 defeasance and that defeasance or covenant defeasance will not otherwise alter the holders’ U.S. federal income tax treatment of          
 principal, and any premium and interest payments on, the series of debt securities.                                                       |

In the case of a defeasance
by us, the opinion we deliver must be based on a ruling of the Internal Revenue Service issued, or a change in U.S. federal income tax
law occurring, after the date of the indenture, since such a result would not occur under the U.S. federal income tax laws in effect on
that date.

Although we may discharge
or decrease our obligations under the indenture as described in the two preceding paragraphs, we may not avoid, among other things, our
duty to register the transfer or exchange of any series of debt securities, to replace any temporary, mutilated, destroyed, lost or stolen
series of debt securities or to maintain an office or agency in respect of any series of debt securities.

Modification of the Indenture

The indenture provides that
we and the trustee may enter into supplemental indentures without the consent of the holders of debt securities to, among other things:

| ● | evidence the assumption by a successor entity of our obligations; |

| ● | add to our covenants for the benefit of the holders of debt securities, or to surrender any rights or power conferred upon us; |

| ● | add any additional events of default; |

| ● | add to, change or eliminate any of the provisions of the indenture in a manner that will become effective only when there is no outstanding 
 debt security which is entitled to the benefit of the provision as to which the modification would apply;                                   |

| ● | add guarantees with respect to or secure any debt securities; |

| ● | establish the forms or terms of debt securities of any series; |

| ● | evidence and provide for the acceptance of appointment by a successor trustee and add to or change any of the provisions of the indenture 
 as is necessary for the administration of the trusts by more than one trustee;                                                            |

| ● | cure any ambiguity or