Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 637

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 637
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 purposes of this Section 10.03(b), a covenant of BSII shall only be deemed to have not been performed if BSII has materially breached such covenant and failed to cure, if curable, within 20 days after receipt by BSII from the Company or Merger Sub notice of such breach. (c) No BSII Material Adverse Effect . From the date of this Agreement, there shall not have occurred a BSII Material Adverse Effect that is continuing. (d) Closing Deliverables . The Company shall have received the deliverables set forth in Section 4.01(b). (e) Net Tangible Assets . The Merger Surviving Company (as the successor of BSII) shall have at least $5,000,001 of net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Exchange Act) remaining after the consummation of the Business Combination and the closing of the BSII Share Redemption. Section 10.04. Satisfaction of Conditions . All conditions to the obligations of the Company, Merger Sub and BSII to proceed with the Closing under this Agreement will be deemed to have been fully and completely satisfied or waived for all purposes if the Closing occurs. ARTICLE 11 Termination Section 11.01. Termination . This Agreement may be terminated and the transactions contemplated hereby abandoned prior to the Closing only: (a)by a written instrument executed by all the Parties; (b)by BSII or the Company if the Registration Statement shall not have become effective in accordance with the Securities Act on or before the Effectiveness Deadline; provided that the right to terminate this Agreement pursuant to this Section 11.01(b) shall not be available to any Party whose breach of or failure to perform any provision of this Agreement results in the failure of the Registration Statement to become effective on or before the Effectiveness Deadline; (c)by either the Company or BSII if the consummation of the Merger is permanently enjoined, prohibited, deemed illegal or prevented by the terms of a final and non-appealable Governmental Order; (d)by BSII if (i) there is any breach of any representation, warranty, covenant or agreement on the part of the Company or Merger Sub set forth in this Agreement, such that the conditions specified in Section 10.02(a) or Section 10.02(b) would not be satisfied at the Closing (a “ Terminating Company Breach ”), and (ii) if