Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 107

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 107
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 by the Party responsible under Applicable Law and paid when due. The Company
and BSII agree to reasonably cooperate to reduce or eliminate the amount of any such Transfer Taxes. The Party responsible under Applicable
Law shall timely file all necessary Tax Returns and other documentation with respect to all Transfer Taxes.

(c) The
Parties shall cooperate fully, as and to the extent reasonably requested by the other party or its counsel, to document and support the
Tax treatment of the Merger in a manner consistent with Section 9.03(a), including by providing customary representation letters,
if any, in the event the Transaction is not intended to be treated as a taxable exchange. Such cooperation shall include the provision
of records and information which are reasonably relevant to any such matters and within such party’s possession or obtainable without
material cost or expense, and making employees or other representatives available on a mutually convenient basis to provide additional
information and explanation of any material provided hereunder.

(d) The
Company (i) shall cause Merger Sub not to make any entity classification election to be treated as a partnership or an entity disregarded
as separate from its owner for U.S. federal income tax purposes, and (ii) shall take no action that would result in Merger Sub being
other than a wholly-owned direct Subsidiary of the Company. The Company shall endeavor to provide the Pre-Closing BSII Holders information
that is reasonably required to make a timely and valid election as contemplated by Section 1295 of the Code (and the Treasury Regulations
promulgated thereunder) with respect to BSII for the taxable year of BSII during which the Transaction occurs, in the event that BSII
is considered a passive foreign investment company for such year (including through provision of the Annual Information Statement described
in Treasury Regulations Section 1.1295-1(g)).

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Section 9.04. Proxy Statement; Registration Statement.

(a) As
promptly as reasonably practicable after the date of this Agreement, BSII and the Company shall prepare, and the Company shall file with
the SEC the Registration Statement (which shall include the Company Financial Statements and the Company Pro Forma Financial Statements),
in which a preliminary proxy statement in connection with the Merger to be sent to the Pre-Closing BSII Holders among other things, relating
to the BSII Extraordinary General Meeting in accordance with and as required by the BSII Governing Document, Applicable Law