Common use of Concurrent Offering Clause in Contracts

Concurrent Offering. On March 12, 2015, the Issuer also priced an offering of $1,000,000,000 aggregate principal amount of 4.625% senior secured notes due 2023 with estimated net proceeds of approximately $988,000,000 after deducting underwriting discounts and commissions and payment of estimated fees and expenses. The offering of the Issuer’s 4.625% senior secured notes due 2023 is subject to several closing conditions and there can be no assurance that the offering will close. The closing of the offering of the Senior Notes is not contingent on the closing of the offering of the senior secured notes.

Concurrent Offering. On March 12, 2015, the Issuer also priced an offering of $1,000,000,000 800,000,000 aggregate principal amount of 4.6255.500% senior secured notes due 2023 2025 with estimated net proceeds of approximately $988,000,000 791,000,000, after deducting underwriting discounts and commissions and payment of estimated fees and expenses. The offering of the Issuer’s 4.6255.500% senior secured notes due 2023 2025 is subject to several closing conditions and there can be no assurance that the offering will close. The closing of the offering of the Senior Secured Notes is not contingent on the closing of the offering of the senior secured notes.