Examples of Renminbi Notes in a sentence
The limited availability of Renminbi outside the PRC may affect the liquidity of the Renminbi Notes.
All payments will be made in Renminbi with respect to Renminbi Notes and Warrants unless otherwise specified.
If the value of Renminbi depreciates against another foreign currency, the value of the investment made by a holder of the Renminbi Notes in that foreign currency will decline.
To the extent the Issuer is required to source Renminbi in the offshore market to service its Renminbi Notes, there is no assurance that the Issuer will be able to source such Renminbi on satisfactory terms, if at all.
All payments will be made in Renminbi with respect to Renminbi Notes unless otherwise specified.
If holders of the Renminbi Notes propose to sell their Renminbi Notes before their maturity, they may receive an offer lower than the amount they have invested.
Under the PRC Enterprise Income Tax Law, the PRC Individual Income Tax Law and the relevant implementing rules, as amended from time to time, any gain realised on the transfer of Renminbi Notes by non-PRC resident enterprise or individual Holders may be subject to PRC enterprise income tax ("EIT") or PRC individual income tax ("IIT") if such gain is regarded as income derived from sources within the PRC.
If Renminbi is not available in certain circumstances as described in the Terms and Conditions applicable to Renminbi Notes, the Issuer can make payments in U.S. dollars.
The value of the investment made by a holder of the Renminbi Notes may be materially and adversely affected if such holder is required to pay PRC tax with respect to acquiring, holding or disposing of and receiving payments under those Renminbi Notes.IMPORTANT NOTICESThis Base Prospectus has been approved by the AFM as competent authority under the Prospectus Regulation.
In considering whether to invest in the Renminbi Notes, investors should consult their individual tax advisers with regard to the application of PRC tax laws (including without limitation the PRC enterprise income tax or PRC individual income tax) to their particular situations.