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

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 27
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 any Party.

(g) Whenever
this Agreement refers to a number of days, such number shall refer to calendar days unless Business Days are specified. If any action
is to be taken or given on or by a particular calendar day, and such calendar day is not a Business Day, then such action may be deferred
until the next Business Day. Except as otherwise expressly provided herein, (i) any reference in this Agreement to a date or time
shall be deemed to be such date or time in New York, New York and (ii) references from or through any date mean, unless otherwise
specified, from and including or through and including, such date, respectively.

(h) The
phrase “to the extent” shall mean the degree to which a subject or other thing extends, and such phrase shall not mean simply
“if.”

(i) The
terms “writing” and “written” and comparable terms refer to printing, typing and other means of reproducing words
(including email) in visible form.

(j) All
accounting terms used herein and not expressly defined herein shall have the meanings given to them under GAAP.

(k) All
monetary figures used herein, including references to “$,” shall be in United States dollars unless otherwise specified.

Section 1.03. Knowledge.
As used herein, the phrase “to the knowledge” of any Person shall mean the actual knowledge, after reasonable inquiry, of
(a) in the case of the Company or Merger Sub, the individuals listed on Section 1.03 of the Company Disclosure Schedule, and
(b) in the case of BSII, the individuals listed on Section 1.03 of the BSII Disclosure Schedule.

<div align='center'>22

Article 2Pre-Closing Transactions</div>

Section 2.01. Reserved.

Section 2.02. Re-Designation.
On the Closing Date, prior to the Merger Effective Time, the following actions shall take place or be effected (in the order set forth
in this Section 2.02):

(a) the
Listing Articles shall be adopted and become effective; and

(b) immediately
after the completion of the actions set forth in Section 2.02(a), the issued and authorized share capital of the Company shall be
re-designated as follows (the “Re-Designation”):

(i) each
Company Ordinary Share (other than non-voting ordinary share) that is not held by AMTD Digital shall be re-designated and re-class