Company: GRRR
Filing Date: 2025-07-02
Form Type: 424B5
Source: 0001213900-25-060827
Chunk: 62

Company: Gorilla Technology Group Inc.
Filing Date: 2025-07-02
Form: 424B5
Chunk 62
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 default and its consequences under
the indenture except:

| ● | a default in the payment of, any premium and any interest on, or principal of, any such debt security held by a non-consenting holder; 
 or                                                                                                                                     |

| ● | a default in respect of a covenant or provision of the indenture that cannot be modified or amended without the consent of the holder 
 of each outstanding debt security of each series affected.                                                                            |

Concerning the Trustee

The indenture provides that
there may be more than one trustee under the indenture, each for one or more series of debt securities. If there are different trustees
for different series of debt securities, each trustee will be a trustee of a trust under the indenture separate and apart from the trust
administered by any other trustee under that indenture. Except as otherwise indicated in this prospectus or any prospectus supplement,
any action permitted to be taken by a trustee may be taken by such trustee only on the one or more series of debt securities for which
it is the trustee under the indenture. Any trustee under the indenture may resign or be removed from one or more series of debt securities.
All payments of principal of, and any premium and interest on, and all registration, transfer, exchange, authentication and delivery of,
the debt securities of a series will be effected by the trustee for that series at an office designated by the trustee in New York, New
York.

The indenture provides that,
except during the continuance of an event of default, the trustee will perform only such duties as are specifically set forth in
the indenture. During the existence of a continuing event of default, the trustee will exercise those rights and powers vested in it under
the indenture and use the same degree of care and skill in its exercise as a prudent person would exercise under the circumstances in
the conduct of such person’s own affairs.

If the trustee becomes a
creditor of ours, the indenture places limitations on the right of the trustee to obtain payment of claims or to realize on property received
in respect of any such claim as security or otherwise. The trustee may engage in other transactions. If it acquires any conflicting
interest relating to any duties concerning the debt securities, however, it must eliminate the conflict or resign as trustee.

No Individual Liability of Incorporators,
Shareholders, Officers or Directors

The indenture provides that
no past, present or future director, officer, shareholder or employee of ours, any of our affiliates,