Common use of Currency Restrictions Clause in Contracts

Currency Restrictions. As a holding company for operations in the PRC, the Company will depend on dividends and other payments from its subsidiaries and related entities in the PRC for its revenues. The remittance of funds out of the PRC as well as the exchange rate of the RMB to other currencies are highly regulated. Changes to the exchange rate regime as well as the regulations affecting the remittance of funds out of the PRC may have an adverse impact on the Company's ability to fund its expenses outside of the PRC or to issue dividends to its shareholders. Furthermore, any change in the exchange rates between the RMB and other currencies may also have an impact on the amount of proceeds in other currencies the Company receives from the PRC and, ultimately, the value of the Purchaser's investment in the Company. The value of the Purchaser's investment in the Company will also be affected by the foreign exchange rate between the HK Dollar and other currencies.

Currency Restrictions. As a holding company for operations in the PRC, the Company Borrower will depend on dividends and other payments from its subsidiaries and related entities in the PRC for its revenues. The remittance of funds out of the PRC as well as the exchange rate of the RMB to other currencies are highly regulated. Changes to the exchange rate regime as well as the regulations affecting the remittance of funds out of the PRC may have an adverse impact on the Company's Borrower’s ability to fund its expenses outside of the PRC or to issue dividends to its shareholders. Furthermore, any change in the exchange rates between the RMB and other currencies may also have an impact on the amount of proceeds in other currencies the Company Borrower receives from the PRC and, ultimately, the value of the Purchaser's ’s investment in the CompanyBorrower. The value of the Purchaser's ’s investment in the Company Borrower will also be affected by the foreign exchange rate between the HK Dollar and other currencies.

Currency Restrictions. As a holding company for operations in the PRC, the Company Borrower will depend on dividends and other payments from its subsidiaries and related entities in the PRC for its revenues. The remittance of funds out of the PRC as well as the exchange rate of the RMB to other currencies are highly regulated. Changes to the exchange rate regime as well as the regulations affecting the remittance of funds out of the PRC may have an adverse impact on the CompanyBorrower's ability to fund its expenses outside of the PRC or to issue dividends to its shareholders. Furthermore, any change in the exchange rates between the RMB and other currencies may also have an impact on the amount of proceeds in other currencies the Company Borrower receives from the PRC and, ultimately, the value of the Purchaser's investment in the CompanyBorrower. The value of the Purchaser's investment in the Company Borrower will also be affected by the foreign exchange rate between the HK Dollar and other currencies.