Company: GRRR
Filing Date: 2025-07-02
Form Type: 424B5
Source: 0001213900-25-060827
Chunk: 59

Company: Gorilla Technology Group Inc.
Filing Date: 2025-07-02
Form: 424B5
Chunk 59
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 debt securities of the affected series have requested 
 that the trustee institute the action;                                                                                             |

| ● | the requesting holders have offered the trustee indemnity for the reasonable expenses and liabilities that may be incurred by bringing 
 the action;                                                                                                                            |

| ● | the trustee has not instituted the action within 60 days of the request and offer of indemnity; and |

| ● | the trustee has not received inconsistent direction by the holders of a majority in principal amount of the outstanding debt securities 
 of the affected series.                                                                                                                 |

We will be required to file
annually with the trustee a certificate, signed by one of our officers, stating whether or not the officer knows of any default by us
in the performance, observance or fulfillment of any condition or covenant of the indenture.

<div align='center'>11</div>

Discharge, Defeasance and Covenant Defeasance

We can discharge or decrease
our obligations under the indenture as stated below.

We may discharge obligations
to holders of any series of debt securities that have not already been delivered to the trustee for cancellation and that have either
become due and payable or are by their terms to become due and payable, or are scheduled for redemption, within one year. We may effect
a discharge by irrevocably depositing with the trustee cash or government obligations denominated in the currency of the debt securities,
as trust funds, in an amount certified to be enough to pay when due, whether at maturity, upon redemption or otherwise, the principal
of, and any premium and interest on, the debt securities and any mandatory sinking fund payments.

Unless otherwise provided
in the applicable prospectus supplement, we may also discharge any and all of our obligations to holders of any series of debt securities
at any time, which we refer to as defeasance. We may also be released from the obligations imposed by any covenants of any outstanding
series of debt securities and provisions of the indenture, and we may omit to comply with those covenants without creating an event of
default under the trust declaration, which we refer to as covenant defeasance. We may effect defeasance and covenant defeasance only if,
among other things:

| ● | we irrevocably deposit with the trustee cash or government obligations denominated in the currency of the debt securities, as trust    
 funds, in an amount certified to be enough to pay at maturity, or upon redemption, the principal (including any mandatory sinking fund 
 payments