We will comply with the requirements of Rule 14e-1 under
the Exchange Act, to the extent applicable, and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Triggering Event. To the
extent that the provision of any such securities laws or regulations conflicts with the Triggering Event Offer provisions of the Notes, we will comply with those securities laws and regulations and will not be deemed to have breached our obligations
under the Triggering Event Offer provisions of the Notes by virtue of any such conflict.
There can be no assurance that we will have
sufficient funds available at the time of a Triggering Event to consummate a Triggering Event Offer for all Notes then outstanding (or all Notes properly tendered by the holders of such Notes) and pay the Triggering Event Payment. We may also be
prohibited by terms of other indebtedness or agreements from repurchasing the Notes upon a Triggering Event, which would require us to repay the relevant indebtedness or terminate the relevant agreement before we can proceed with a Triggering Event
Offer, and there can be no assurance that we will be able to effect such repayment or termination.
Capital Stock of any
Person means any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) equity of such Person, including any Preferred Shares and limited liability or partnership
interests (whether general or limited), but excluding any debt securities convertible or exchangeable into such equity.
Consolidated Affiliated Entity of any Person means any corporation, association or other entity which is or is required to be
consolidated with such Person under Accounting Standards Codification subtopic 810-10, Consolidation: Overall (including any changes, amendments or supplements thereto) or, if such Person prepares its
financial statements in accordance with accounting principles other than U.S. GAAP, the equivalent of Accounting Standards Codification subtopic 810-10, Consolidation: Overall under such accounting principles.
Unless otherwise specified herein, each reference to a Consolidated Affiliated Entity will refer to a Consolidated Affiliated Entity of ours.
Controlled Entity of any Person means a Subsidiary or a Consolidated Affiliated Entity of such Person. Group means the
Company and our Controlled Entities.
Person means any individual, corporation, firm, limited liability company, partnership,
joint venture, undertaking, association, joint stock company, trust, unincorporated organization, trust, state, government or any agency or political subdivision thereof or any other entity (in each case whether or not being a separate legal
Preferred Shares, as applied to the Capital Stock of any corporation, means Capital Stock of any class or classes
(however designated) that is preferred as to the payment of dividends upon liquidation, dissolution or winding up.
of any Person means (a) any corporation, association or other business entity (other than a partnership, joint venture, limited liability company or similar entity) of which more than 50% of the total ordinary voting power of shares of Capital
Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof (or Persons performing similar functions) or (b) any partnership, joint venture limited liability company or
similar entity of which more than 50% of the capital accounts, distribution rights, total equity and voting interests or general or limited partnership interests, as applicable, is, in the case of clauses (a) and (b), voting at the time owned
or controlled, directly or indirectly, by (1) such Person, (2) such Person and one or more Subsidiaries of such Person or (3) one or more Subsidiaries of such Person. Unless otherwise specified herein, each reference to a Subsidiary
will refer to a Subsidiary of the Company.
Triggering Event means (A) any change in or amendment to the laws,
regulations and rules of the PRC or the official interpretation or official application thereof (Change in Law) that results in (x) the Group (as in