Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 73

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 73
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ovenants; •the absence of an TGE Material Adverse Effect that is continuing since the date of the Business Combination Agreement; •the Letter of Support dated January27, 2025, having been duly executed by AMTD Digital to The Generation Essentials Group and having not been revoked, supplemented or amended; 34 •the intellectual property license agreement entered into between AMTD Group Inc. and The Generation Essentials Group dated January27, 2025 and the Confirmatory Transfer Agreement having been duly executed and having not been revoked, supplemented or amended; and •the execution of certain Ancillary Agreements and closing certificate by The Generation Essentials Group and/or its shareholders and officers, as applicable. Any party to the Business Combination Agreement may, at any time prior to the Closing Date, by action taken by its board of directors or equivalent governing body, or officers thereunto duly authorized, waive any of the terms or conditions of the Business Combination Agreement, including the applicable conditions to closing set forth above, to the extent permitted by applicable laws and, in the case of Black Spade II, the Black Spade II Articles. Termination The Business Combination Agreement may be terminated under certain customary and limited circumstances prior to Closing, including: (i) by written consent of all parties to the Business Combination Agreement; (ii) by either The Generation Essentials Group or Black Spade II if the Registration Statement has not been declared effective under the Securities Act on or before June 10, 2025, or, if so agreed in writing by Black Spade II and The Generation Essentials Group, August 27, 2025 (the “Effectiveness Deadline”); (iii) by either The Generation Essentials Group or Black Spade II if the consummation of the Merger is permanently enjoined, prohibited, deemed illegal or prevented by a final and non -appealablegovernmental order; (iv) by either The Generation Essentials Group or Black Spade II upon a breach of any representation, warranty, covenant or agreement set forth in the Business Combination Agreement by the other party if such breach gives rise to a failure of certain closing conditions to be satisfied and cannot be or has not been cured within 30 days following the receipt of notice from the non -breachingparty (or any shorter period of the time that remains between the delivery of such notice and the Effectiveness Deadline); or (v) by either The Generation Essentials Group or Black Spade II if the Black Spade II shareholder approval is not obtained at the Black Spade II extraordinary general meeting (