Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006763
Chunk: 25

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 25
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 expenses are based on any such Holder’s violation
of the federal securities laws or failure to sell the Registrable Securities in accordance with the intended plan of distribution contained
in the Prospectus; , , that the obligation to indemnify shall be several, not joint or joint and several,
among such Holders of Registrable Securities, and the liability of each such Holder of Registrable Securities shall be in proportion to
and limited to the net proceeds received by such Holder from the sale of Registrable Securities pursuant to such Registration Statement.

4.3 .

4.3.1 Any
person entitled to indemnification herein shall:

(a) give
prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification ( that the
failure to give prompt notice shall not impair any person’s right to indemnification hereunder to the extent such failure has not
materially prejudiced the indemnifying party); and

(b) permit
an indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party.

4.3.2 If
such defense is assumed, the indemnifying party shall not be subject to any liability for any settlement made by the indemnified party
without its consent (but such consent shall not be unreasonably withheld, conditioned or delayed).

4.3.3 The
indemnified party shall have the right to employ separate counsel (but no more than one (1) such separate counsel, which counsel
is reasonably acceptable to the indemnifying party) to represent the indemnified party and its controlling persons who may be subject
to liability arising out of any claim in respect of which indemnity may be sought by the indemnified party against the indemnifying party,
with the reasonably incurred fees and expenses of such counsel to be paid by such indemnifying party if the indemnified party and the
indemnifying party are named as defendants and, based upon the written opinion of counsel of such indemnified party, representation of
both the indemnified party and the indemnifying party by the same counsel would be inappropriate due to actual or potential differing
interests between them.

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4.3.4 No
indemnifying party shall, without the prior written consent of the indemnified party, consent to the entry of any judgment or enter into
any settlement of any claim or pending or threatened proceeding in respect of which the indemnified party is or could have been a party
and indemnity could have been sought