Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 40

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 40
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, valid and binding obligation of the Company
or Merger Sub, enforceable against the Company or Merger Sub in accordance with its terms, except as limited by applicable bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’ rights generally and subject,
as to enforceability, to general principles of equity.

(b) Each
of the Company Board and the Merger Sub Board has, by duly adopted resolutions and if applicable, at a meeting duly called and held, unanimously
(i) approved, as applicable, this Agreement, the Ancillary Agreements and the Transactions, (ii) determined that this Agreement,
the Ancillary Agreements and the Transactions are advisable and in the best interests of, as applicable, the Company and Merger Sub, and
their respective shareholders, (iii) directed that the adoption of this Agreement and the Ancillary Agreements be submitted for approval,
as applicable, by the shareholders of the Company and Merger Sub, and (iv) recommended that, as applicable, the shareholders of the
Company and Merger Sub approve this Agreement, the Ancillary Agreements and the Transactions.

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Section 5.03. Governmental Authorizations; Consents. Assuming the representations and warranties in Article 6 are true, correct and complete, no consent,
approval or authorization of, or designation, declaration to or filing with, notice to, or any other action by or in respect of, any Governmental
Authority or other Person is required on the part of the Company or Merger Sub with respect to the Company’s or Merger Sub’s
execution, delivery and performance of this Agreement and each Ancillary Agreement to which it is (or is specified to be) a party or the
consummation of the Transactions, except for (a) the filing of the Plan of Merger and related documentation with the Cayman Islands
Registrar of Companies and the publication of notification of the Merger in the Cayman Islands Government Gazette in accordance with the
Cayman Islands Companies Act, (b) the filing of the relevant documentation with the Cayman Islands Registrar of Companies in respect
of the adoption by the Company of the Listing Articles, the Recapitalization, and the issuances of Company Ordinary Shares as contemplated
in this Agreement, the Assignment, Assumption and Amendment Agreement and the Transactions contemplated hereunder and thereunder, in each
case to the extent applicable, (c) any consents, approvals, authorizations,