Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 89

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 89
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 with respect to which adequate reserves have been made in accordance with GAAP.

(c) Except
for Permitted Liens, there are no Liens for Taxes upon the property or assets of BSII.

(d) All
material amounts of Taxes required to be withheld by BSII have been withheld and, to the extent required, have been paid over to the appropriate
Governmental Authority.

(e) BSII
has not received from any Governmental Authority written notice of any threatened, proposed, or assessed deficiency for any material Taxes
of BSII, except for such deficiencies that have been satisfied by payment, settled or withdrawn. To the knowledge of BSII, no material
audit or other proceeding by any Governmental Authority is in progress with respect to any material Taxes due from BSII, and BSII has
not received written notice from any Governmental Authority that any such audit or proceeding is contemplated or pending.

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(f) No
written claim has been made by any Governmental Authority in a jurisdiction where BSII does not pay a particular type of Tax or file a
particular type of Tax Return that it is or may be required to file such type of Tax Return or pay such type of Tax in such jurisdiction.

(g) BSII
does not have a request for a private letter ruling, a request for administrative relief, a request for technical advice or a request
for a change of any method of accounting pending with any Governmental Authority. BSII has not extended the statute of limitations for
assessment, collection or other imposition of any material amount of Tax (other than pursuant to an extension of time to file a Tax Return
of not more than seven months obtained in the ordinary course of business), which extension is currently in effect.

(h) BSII
is not a party to or bound by any Tax sharing, indemnification or allocation agreement or other similar Contract, other than any customary
commercial Contracts entered into in the ordinary course of business, in each case, which do not primarily relate to Taxes.

(i) BSII
has never been a member of an Affiliated Group. BSII does not have liability for the Taxes of any other Person under Treasury Regulations
Section 1.1502-6 (or any similar provision of Applicable Law), as transferor or successor, by Contract (other than pursuant to any
customary commercial Contract or Contract entered into in the ordinary course of business, in each case, which does not principally relate
to Taxes) or otherwise.