Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 132

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 132
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 or (2) neither the aggregate issue price nor the aggregate face amount of the issuer’s debt obligations held by us exceeds $1 million      
 and no more than 12 months of unaccrued interest on the debt obligations can be required to be prepaid; and                                |

| · | a contingency relating to the time or amount of payment upon a default or prepayment of a debt obligation, as long as the contingency 
 is consistent with customary commercial practice.                                                                                     |

| 50 |

| · | Any loan to an individual or an estate; |

| · | Any “Section 467 rental agreement,” other than an agreement with a related party tenant; |

| · | Any obligation to pay “rents from real property”; |

| · | Certain securities issued by governmental entities; |

| · | Any security issued by a REIT; |

| · | Any debt instrument issued by an entity treated as a partnership for U.S. federal income tax purposes in which we are a partner to 
 the extent of our proportionate interest in the equity and debt securities of the partnership; and                                 |

| · | Any debt instrument issued by an entity treated as a partnership for U.S. federal income tax purposes not described in the preceding 
 bullet points if at least 75% of the partnership’s gross income, excluding income from prohibited transactions, is qualifying income 
 for purposes of the 75% gross income test described above in “—Gross Income Tests.”                                                  |

For purposes of the 10% value test, our proportionate
share of the assets of a partnership is our proportionate interest in any securities issued by the partnership, without regard to the
securities described in the last two bullet points above.

We will monitor the status of our assets for purposes
of the various asset tests and will manage our portfolio in order to comply at all times with such tests. However, there is no assurance
that we will not inadvertently fail to comply with such tests. If we fail to satisfy the asset tests at the end of a calendar quarter,
we will not lose our REIT qualification if:

| · | we satisfied the asset tests at the end of the preceding calendar quarter; and |

| · | the discrepancy between the value of our assets and the asset test requirements arose from changes in the market values of our assets 
 and was not wholly or partly caused by the acquisition of one or more non-qualifying assets.                                          |

If we did not satisfy the condition described
in the second item, above, we still could