Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 23

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 23
---
-charts and other work product used to design, plan,
organize and develop any of the foregoing, and (iii) error corrections, updates, modifications, enhancements, documentation, other
works of authorship and media, including user manuals and training materials, relating to or embodying any of the foregoing or on which
any of the foregoing is recorded.

“Sponsor” means Black Spade
Sponsor LLC II, a limited liability company registered under the laws of the Cayman Islands.

“Sponsor Support Agreement”
has the meaning given to such term in the recitals hereto.

“Sponsor Warrant Election Letter”
means the election letter, substantially in the form attached hereto as , to be signed and delivered by the Sponsor to the
Company on Closing.

“Subsidiary” means, with respect
to a specified Person, a corporation or other entity (i) of which more than 50% of the voting power of the Equity Securities is owned,
directly or indirectly, or held through contractual arrangement, by such specified Person or (ii) with respect to which such specified
Person controls the management.

“Surviving Provisions” has the
meaning given to such term in ‎Section 11.02.

“Tax” means all federal, state,
local, or foreign taxes, fees or levies imposed by a Governmental Authority (including income, profits, franchise, alternative minimum,
gross receipts, sales, use, customs duties, value added, ad valorem, escheat, transfer, real property, personal property, stamp, capital
stock, excise, premium, social security, payroll, occupation, employment, unemployment, severance, disability, registration, license,
withholding and estimated tax), and any interest, penalty, or addition with respect thereto.

“Tax Return” means any return,
report, schedule, form, statement, declaration, or document (including any refund claim, information statement, or amendment) filed or
required to be filed with or submitted to a Governmental Authority in connection with the determination, assessment, collection or payment
of any Tax.

“Terminating BSII Breach” has
the meaning given to such term in ‎Section 11.01(e).

“Terminating Company Breach”
has the meaning given to such term in ‎Section 11.01(d).

“Top Customers” means the 5
most significant customers of the Company, together with its Subsidiaries, as measured by total amount of revenue generated to the