Company: IIPR
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001104659-25-017454
Chunk: 83

Company: INNOVATIVE INDUSTRIAL PROPERTIES INC
Filing Date: 2025-02-26
Form: 424B5
Chunk 83
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 the maturity date, if other than the principal amount; |

| · | the currency of denomination of the debt securities,                                                                                         
 which may be U.S. dollars or any foreign currency, and if such currency of denomination is a composite currency, the agency or organization, 
 if any, responsible for overseeing such composite currency;                                                                                  |

| · | the designation of the currency, currencies or currency                                                    
 units in which payment of principal of, and any premium and interest on, the debt securities will be made; |

| · | if payments of principal of, or any premium or interest                                                                                
 on, the debt securities will be made in one or more currencies or currency units other than that or those in which the debt securities 
 are denominated, the manner in which the exchange rate with respect to these payments will be determined;                              |

| · | the manner in which the amounts of payment of principal                                                                          
 of, or any premium or interest on, the debt securities will be determined, if these amounts may be determined by reference to an 
 index based on a currency or currencies other than that in which the debt securities are denominated or designated to be payable 
 or by reference to a commodity, commodity index, stock exchange index or financial index;                                        |

| · | any provisions relating to any security provided for 
 the debt securities or any guarantees;               |

| · | any addition to, deletion of or change in the Events                                                                              
 of Default (as defined below) described in this prospectus or in the indenture with respect to the debt securities and any change 
 in the acceleration provisions described in this prospectus or in the indenture with respect to the debt securities;              |

| · | any addition to, deletion of or change in the covenants                               
 described in this prospectus or in the indenture with respect to the debt securities; |

| · | a discussion of any additional material U.S. federal                          
 income tax considerations applicable to an investment in the debt securities; |

| · | any depositaries, interest rate calculation agents,                                   
 exchange rate calculation agents or other agents with respect to the debt securities; |

| · | the provisions, if any, relating to conversion or exchange                                                                                
 of any debt securities of such series, including if applicable, the conversion or exchange price and period, provisions as to whether     
 conversion or exchange will be mandatory, the events requiring an adjustment of the conversion or exchange price and provisions affecting 
 conversion or exchange;                                                                                                                   |

| · | any other terms of the debt securities