Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 51

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 51
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 sublicense or covenant not
to sue with respect to any Intellectual Property that is material to the Company and its Subsidiaries, taken as a whole, other than non-exclusive
licenses granted to suppliers, service providers, or customers in the ordinary course of business, or (B) any Contract pursuant to
which the Company or any of its Subsidiaries obtains any right, license, sublicense or covenant not to sue from a third party with respect
to any Intellectual Property that is material to the Company and its Subsidiaries, taken as a whole, other than non-exclusive licenses
of commercial off-the-shelf Software and Open Source Software that are available to the public generally with annual license, maintenance,
support and other fees of less than $4,000,000;

(ix) any
Contract under which the Company or any of its Subsidiaries has (A) created, incurred, assumed or guaranteed (or may create, incur,
assume or guarantee) any Indebtedness (excluding, for the avoidance of doubt, any intercompany arrangements solely between or among the
Company or any of its Subsidiaries), (B) granted a Lien on its assets or group of assets, whether tangible or intangible, to secure
any Indebtedness, (C) extended credit to any Person that is material to the Company and its Subsidiaries, taken as a whole (other
than for goods and services, in each case in the ordinary course of business) or (D) granted a performance bond, letter of credit
or any other similar instrument, in each case, in excess of $4,000,000 in the aggregate;

(x) each
Contract with a Related Party which is currently in force or under which any party thereto has outstanding obligations (other than Company
Benefit Plans, confidentiality agreements or other agreements of a similar nature, or Contracts for compensation for services performed
by a Related Party as director, officer, service provider or employee of the Company or any of its Subsidiaries in the ordinary course
of business and for immaterial amounts reimbursable for routine travel and other ordinary course business expenses);

(xi) each
Contract relating to the acquisition or disposition of any business (whether by merger, sale of stock, sale of assets or otherwise) or
that contains financial covenants, indemnities or other payment obligations (including “earn-out” or other contingent payment
obligations) in respect thereto that would reasonably be expected to result in