Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 18

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 18
---
CDDL) or (J) any license or distribution agreements or arrangements now listed as “open source”
licenses on www.opensource.org or any successor website thereof or in the “Free Software Directory” maintained by the Free
Software Foundation on http://directory.fsf.org/ or any successor website thereof.

“ordinary course of business”
with respect to any Person means, at any given time, the ordinary and usual course of operations of the business thereof, consistent with
past practice, subject to any reasonable changes required to address any then current facts and circumstances (including requirements
to comply with Applicable Law).

“Owned Intellectual Property”
means any and all Intellectual Property owned (or purported to be owned) by the Company or any of its Subsidiaries.

“Owned Real Property” has the
meaning given to such term in Section 5.19(a).

“Parties” has the meaning given
to such term in the preamble hereto.

“Payor” has the meaning given
to such term in Section 4.04(b).

“PCAOB” means the U.S. Public
Company Accounting Oversight Board.

“Permits” means all permits,
licenses, certificates of authority, authorizations, approvals, registrations, clearances, orders, variances, exceptions or exemptions
and other similar consents issued by or obtained from a Governmental Authority.

“Permitted Leakage” means (i) any
repurchase or redemption of any Equity Securities of the Company or any of its Subsidiaries by the Company or any of its Subsidiaries,
as applicable, held by an employee of the Company or its Subsidiaries in the ordinary course of business in connection with the termination
of employment of such employee of the Company or its Subsidiaries, (ii) any payment by the Company or any of its Subsidiaries to
(or on behalf of, or for the benefit of) any Related Party in respect of salary, bonus or other ordinary course compensation, director
or manager fees, reimbursement or advancement of expenses, indemnification or other benefits due to such individual in their capacity
as an employee, independent contractor or director of the Company or any of its Subsidiaries, together with any employer-paid portion
of any employment or payroll Taxes related thereto, in each case, in the ordinary course of business or as required by the terms of the
Company Benefit Plans in effect on the date hereof and as made available to BSII, (iii) any payments made by the