Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 118

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 118
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(b) Required Governmental Consents. The consents or approvals of Governmental Authorities as set forth on Section 10.01(b) of the Company
Disclosure Schedule shall have been received.

(c) Applicable Law.There shall not be in force any Applicable Law or Governmental Order enjoining, prohibiting, making illegal or preventing the
consummation of the Transactions.

(d) BSII Shareholder Approval. The BSII Shareholder Approval shall have been obtained.

(e) Company Shareholders’ Approval. The Company Shareholders’ Approval shall have been obtained.

(f) Effectiveness of Registration Statement.The Registration Statement shall have become effective in accordance with the Securities Act.

(g) Stop Order. No stop order shall have been issued by the SEC with respect to the Registration Statement and no Action seeking such stop
order shall have been threatened or initiated.

Section 10.02. Conditions to Obligations of BSII. The obligations of BSII to consummate, or cause to be consummated, the Merger are subject to the satisfaction
of the following additional conditions, any one or more of which may be waived in writing by BSII:

(a) Representations
and Warranties.

(i) Each
of the representations and warranties of the Company contained in this Agreement (without giving effect to any materiality or “Company
Material Adverse Effect” or similar qualifications therein), other than the representations and warranties set forth in ‎Section 5.01,
‎Section 5.02, Section 5.05, Section 5.06, ‎Section 5.09(a), ‎
Section 5.26 and Section 5.27, shall be true and correct as of the date of this Agreement and as of the Closing, as if made
at and as of such time, except with respect to representations and warranties which speak as to another specified time, which representations
and warranties shall be true and correct at and as of such time, except for, in each case, such failures to be true and correct as would
not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.

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(ii) The
representations and warranties of the Company contained in Section 5.05(a), Section 5.06(a), Section 5.06(b), Section 5.06(c)
(in respect of the Company only and not its Subsidiaries), Section 5.06(d) and ‎Section 5