Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 56

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 56
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sidiaries to use the Global Digital Platform Assets and the Global Digital Platform
in all manners as the Global Digital Platform and the relevant Global Digital Platform Assets are currently used, were used prior to the
Closing Date or are contemplated to be used as of the Closing Date, in each case, by the Company and its relevant Subsidiaries; and

(iv) all
right, title and interest in, and control over, the Global Digital Platform have been assigned and transferred to, and solely vested in,
L’Officiel Publishing Group Inc. and no other Person, including LEJ and its Affiliates, retains or possesses any such right, title,
interest or control.

<div align='center'>43</div>

(i) Without
prejudice to the generality of the foregoing, in respect of each license of the Licensed Intellectual Property: (i) each license
is duly and validly authorized and approved by and in full force and effect and binding on the parties to it; (ii) except non-exclusive
licenses of commercial off-the-shelf Software and Open Source Software that are available to the public generally, no license grants to
any third party any ownership right or exclusive interest in relation to any derivative works or improvements made by or on behalf of
the Company and its Subsidiaries pursuant to such license; (iii) to the knowledge of the Company, the terms of the licenses have
been complied with by the parties in all material respects, no notice of termination, breach or default of a license to any Licensed Intellectual
Property has been received or served by the Company and its Subsidiaries and, to the knowledge of the Company, there are no grounds on
which they might be terminated and no grounds on which a breach or default claim may be made under such license in each case except as
would not reasonably be expected to have a Company Material Adverse Effect; (iv) no disputes have arisen and, to the knowledge of
the Company, no circumstances exist which are likely to give rise to a dispute; and (v) to the knowledge of the Company, there is
no reason to believe that the licenses will not be renewed when they expire on the same or substantially similar terms.

(j) To
the knowledge of the Company, other than as set forth in Section 5.13(j) of the Company Disclosure Schedule, neither the Company
nor any of its Subsidiaries, nor the conduct of their respective businesses, has, since January 1, 2022