Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 234

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 234
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 use reasonable best efforts to ensure that it is listed as a public company and that the TGE Class A Ordinary Shares (including the TGE Warrant Shares) and the TGE Warrants are listed on a Qualified Stock Exchange as of the Merger Effective Time. 139 Covenants Conduct of Business WME has agreed that, from the date of the Business Combination Agreement until the Closing, or if earlier, the termination of the Business Combination Agreement in accordance with terms thereunder (the “Interim Period”), except as set forth in TGE’s disclosure schedule, as required by the terms of the Business Combination Agreement, as necessary to consummate the Transactions in accordance with the Business Combination Agreement and the Ancillary Agreements, as consented to by Black Spade II in writing (which consent may not be unreasonably withheld, conditioned or delayed) or as required by applicable law, TGE will, and will cause its subsidiaries to, use its commercially reasonable efforts to: (i) operate its business only in the ordinary course of business, (ii) preserve the business of TGE, (iii) maintain the services of its officers and key employees and its business and operations at its current business premises and offices, (iv) settle accounts payable and collect accounts receivable in the ordinary course of business, (v) maintain existing business relationships of TGE and (vi) not: amend organizational documents; change its share capital; take any action that would result in certain leakage; amend, terminate, extend, or enter into any significant contract; make certain changes with regard to benefit plans or not make certain changes to labor contracts or arrangements with certain persons with annual compensation in excess of $200,000 per year) or hire certain new directors or employees; acquire any other person except for a purchase price not exceeding $4,000,000; make any loans exceeding $2,000,000 in aggregate; incur any indebtedness in excess of $4,000,000 in aggregate; make certain changes with regard to taxes; except for non -exclusivelicenses granted in ordinary course of business, assign or dispose of, or fail to take actions necessary to protect, material owned intellectual property or licensed intellectual property; commence, discharge or settle certain actions; sell, lease or create certain liens on material assets, properties, securities or interests of TGE or any of its subsidiaries; merge or consolidate itself or any of its subsidiaries with any person or liquidate or dissolve; make any material changes in accounting principles or methods; fail to