Company: SGBAF
Filing Date: 2025-05-15
Form Type: 424B3
Source: 0001193125-25-120606
Chunk: 568

Company: SES S.A.
Filing Date: 2025-05-15
Form: 424B3
Chunk 568
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 (ii) any claim for Fraud, from and after the Closing this provides the exclusive remedy of (A) the Indiana Indemnified Persons
against Saturn and its Affiliates in respect of the Assumed Liabilities, and (B) the Saturn Indemnified Persons against Indiana and its Affiliates in respect of the Excluded Liabilities.

(e) The Parties agree to treat, and to cause their respective Affiliates to treat, for all Tax purposes, any payment made under this
, to the maximum extent permitted by applicable Law, as an adjustment to the Transaction Consideration. Any Loss indemnifiable by (i) Saturn with respect to of the
definition of Assumed Liabilities or (ii) Indiana with respect to of the definition of Excluded Liabilities, in each case, shall not exceed the amount of cash Taxes payable computed after reduction for any
Tax attribute of the applicable Indemnified Party, including any net operating loss or Tax credit.

(f) Notwithstanding anything to the
contrary set forth in this Agreement, each Party’s indemnification obligations pursuant to this shall terminate and expire upon the completion of the Liquidation in accordance with applicable Law (the
“”).

Section 5.18 .

(a) From and after the date hereof, Saturn shall use commercially reasonable efforts to cause Indiana to be fully released, effective as of
the Closing Date, from all Liabilities under the Contracts listed in of the Indiana Disclosure Schedules (such Liabilities, the “”), including, to the extent
reasonably necessary in furtherance of obtaining such releases, using commercially reasonable efforts to arrange for and provide substitute credit support for the Indiana Support Obligations on terms and conditions reasonably satisfactory to the
beneficiaries thereof.

(b) If, as of the Closing, Indiana has not been fully released from all Liabilities under the Indiana Support
Obligations (any Indiana Support Obligation for which Indiana has not been fully released, a “”), then, from and after the Closing, Saturn shall use commercially reasonable efforts to cause
Indiana to be fully released from all Liabilities under the Continuing Indiana Support Obligations, including, to the extent reasonably necessary in furtherance of obtaining such releases, using commercially reasonable efforts to arrange for and
provide substitute credit support for the Continuing Indiana Support Obligations on terms and conditions reasonably satisfactory to the beneficiaries thereof.

Section 5.19 .

(a) Saturn shall use its reasonable best efforts to take, or cause to be taken, all actions and