Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 12

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 12
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 2025.

“Eligible BSII Shareholder”
means the holder of any Eligible BSII Share.

“Eligible BSII Shares” means
the BSII Class A Ordinary Shares and BSII Class B Ordinary Shares that are issued and outstanding immediately prior to the Merger
Effective Time (other than the BSII Excluded Shares, BSII Redeeming Shares or BSII Dissenting Shares), including for the avoidance of
doubt the BSII Class A Ordinary Shares held as a result of the Unit Separation.

“Eligible Coffee Shop” has the
meaning given to such term in Section 4.05.

“Employment Laws” has the meaning
given to such term in ‎Section 5.16(b).

“Environmental Laws” means any
Applicable Laws relating to pollution or the protection of the environment, including those related to the use, generation, treatment,
storage, handling, emission, transportation, disposal or Release of Hazardous Materials, each as in effect on and as interpreted as of
the date of this Agreement.

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“Equity Security” means (i) any
share capital, partnership interest, membership interest or unit, capital stock, equity interest, voting security or other ownership interest,
(ii) any other interest or participation (including phantom units or interests) that confers on a Person the right to receive a unit
of the profits and losses of, or distribution of assets of, the issuing entity (including any “profits interests”), (iii) any
subscription, call, warrant, option, restricted share, restricted stock unit, stock appreciation right, performance unit, incentive unit
or other commitment of any kind or character relating to, or entitling any Person to purchase or otherwise acquire, any of the foregoing
and (iv) any security convertible into or exercisable or exchangeable for any of the foregoing.

“Equity Value” means $488,000,000.

“Exchange Act” has the meaning
given to such term in Section 6.08(a).

“Exchange Agent” has the meaning
given to such term in Section 4.03(a).

“GAAP” means United States generally
accepted accounting principles as in effect from time to time.

“Global Digital Platform” means
the global digital platform which hosts and stores content, including historical content and publications from L’Officiel publications
globally, and provides access to the Company, licensed publishers and distributors of the Company (if any