Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 235

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 235
---
 Black Spade II to consummate the Transactions are also subject to the satisfaction or waiver, if permitted by applicable law, in writing by Black Spade II of the following conditions: •the accuracy of the representations and warranties of aWME (subject to certain materiality standards set forth in the Business Combination Agreement); •material compliance by aWME and Merger Sub with its pre -closingcovenants; •the absence of an aWME Material Adverse Effect that is continuing since the date of the Business Combination Agreement; •the Letter of Support dated January27, 2025, having been duly executed by AMTD Digital to aWME and having not been revoked, supplemented or amended; 141 •the intellectual property license agreement entered into between AMTD Group Inc. and aWME dated January27, 2025, and the Confirmatory Transfer Agreement having been duly executed and having not been revoked, supplemented or amended; and •the execution of certain Ancillary Agreements and closing certificate by aWME and/or its shareholders and officers, as applicable. Termination The Business Combination Agreement may be terminated under certain customary and limited circumstances prior to Closing, including: (i) by written consent of all parties to the Business Combination Agreement; (ii) by either aWME or Black Spade II if the Registration Statement has not been declared effective under the Securities Act on or before June 10, 2025, or, if so agreed in writing by Black Spade II and aWME, August 27, 2025 (the “Effectiveness Deadline”); (iii) by either aWME or Black Spade II if the consummation of the Merger is permanently enjoined, prohibited, deemed illegal or prevented by a final and non -appealablegovernmental order; (iv) by either aWME or Black Spade II upon a breach of any representation, warranty, covenant or agreement set forth in the Business Combination Agreement by the other party if such breach gives rise to a failure of certain closing conditions to be satisfied and cannot be or has not been cured within 30 days following the receipt of notice from the non -breachingparty (or any shorter period of the time that remains between the delivery of such notice and the Effectiveness Deadline); or (v) by either aWME or Black Spade II if the Black Spade II Shareholder Approval is not obtained at the Black Spade II extraordinary general meeting (including any permitted adjournment or postponement). Upon