Company: GROY-WT
Filing Date: 2025-12-08
Form Type: 424B5
Source: 0001493152-25-026487
Chunk: 70

Company: Gold Royalty Corp.
Filing Date: 2025-12-08
Form: 424B5
Chunk 70
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 of holders of such series at which a quorum is present, the holders of a majority in principal amount of the debt securities of such series represented at such meeting) may rescind and annul the acceleration if all events of default, other than the non-payment of accelerated principal, premium, if any, and interest, if any, with respect to debt securities of that series, have been cured or waived as provided in the applicable indenture (including payments or deposits in respect of principal, premium or interest that had become due other than as a result of such acceleration). We refer you to the applicable prospectus supplement(s) relating to any series of debt securities that are discount securities for the particular provisions relating to acceleration of a portion of the principal amount of such discount securities upon the occurrence of an event of default.

Subject to the terms of the indentures, if an event of default under an indenture shall occur and be continuing, the debenture trustee will be under no obligation to exercise any of its rights or powers under such indenture at the request or direction of any of the holders of the applicable series of debt securities, unless such holders have offered the debenture trustee reasonable indemnity. The holders of a majority in principal amount of the outstanding debt securities of any series will have the right to direct the time, method and place of conducting any proceeding for any remedy available to the debenture trustee, or exercising any trust or power conferred on the debenture trustee, with respect to the debt securities of that series, provided that:

| ● | the                                                                                               
 direction so given by the holder is not in conflict with any law or the applicable indenture; and |

| ● | subject                                                                                                                                 
 to its duties under the Trust Indenture Act, the debenture trustee need not take any action that might involve it in personal liability 
 or might be unduly prejudicial to the holders not involved in the proceeding.                                                           |

A holder of the debt securities of any series will only have the right to institute a proceeding under the indentures or to appoint a receiver or trustee, or to seek other remedies if:

| ● | these                                                                                                                                
 limitations do not apply to a suit instituted by a holder of debt securities if we default in the payment of the principal, premium, 
 if any, or interest on the debt securities.                                                                                          |

| 12 |

| ● | the                                                                                                                               
 holder previously has given written notice to the debenture trustee of a continuing event of default with respect to that series; |

| ●