Common use of Management’s Discussion and Analysis of Financial Condition and Results of Operations Clause in Contracts

Management’s Discussion and Analysis of Financial Condition and Results of Operations. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Critical Accounting Policies” in the Offering Memorandum accurately and fully, in all material respects, describes (i) accounting policies that the Company believes are the most important in the portrayal of the Company’s financial condition and results of operations and that require management’s most difficult, subjective or complex judgments, (ii) judgments and uncertainties affecting the application of the foregoing critical accounting policies and (iii) the likelihood that materially different amounts would be reported under different conditions or using different assumptions and an explanation thereof. The Company’s directors and management have reviewed and agreed with the selection, application and disclosure of the Company’s critical accounting policies as described in the Offering Memorandum and have consulted with the Company’s independent registered public accounting firm with regard to such disclosure. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and capital resources” in the Offering Memorandum fairly and accurately, in all material respects, describes all trends, demands, commitments, events, uncertainties and risks and the potential effects thereof known to the Company, that the Company believes would materially affect its liquidity and are reasonably likely to occur. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Off-balance sheet arrangements” in the Offering Memorandum fairly and accurately, in all material respects, describes all off-balance sheet transactions, arrangements, commitments and obligations of the Company or its Controlled Entities that are reasonably likely to have a material effect on the liquidity of the Company and its Controlled Entities or the availability thereof or the requirements of the Company and its Controlled Entities for capital resources.

Management’s Discussion and Analysis of Financial Condition and Results of Operations. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – — Critical Accounting Policies” in the Offering Memorandum accurately and fully, in all material respects, describes (i) accounting policies that the Company believes are the most important in the portrayal of the Company’s financial condition and results of operations and that require management’s most difficult, subjective or complex judgments, (ii) judgments and uncertainties affecting the application of the foregoing critical accounting policies and (iii) the likelihood that materially different amounts would be reported under different conditions or using different assumptions and an explanation thereof. The Company’s directors and management have reviewed and agreed with the selection, application and disclosure of the Company’s critical accounting policies as described in the Offering Memorandum and have consulted with the Company’s independent registered public accounting firm with regard to such disclosure. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – — Liquidity and capital resources” in the Offering Memorandum fairly and accurately, in all material respects, describes all trends, demands, commitments, events, uncertainties and risks and the potential effects thereof known to the Company, that the Company believes would materially affect its liquidity and are reasonably likely to occur. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – — Off-balance sheet arrangements” in the Offering Memorandum fairly and accurately, in all material respects, describes all off-balance sheet transactions, arrangements, commitments and obligations of the Company or its Controlled Entities that are reasonably likely to have a material effect on the liquidity of the Company and its Controlled Entities or the availability thereof or the requirements of the Company and its Controlled Entities for capital resources.

Management’s Discussion and Analysis of Financial Condition and Results of Operations. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Operations—Critical Accounting PoliciesPolicies and Estimates” in the Disclosure Package and the Final Offering Memorandum accurately and fully, in all material respects, fully describes (iA) accounting policies that which the Company Parent Guarantor believes are the most important in the portrayal of the Company’s financial condition and results of operations of the Parent Guarantor and that its consolidated subsidiaries and which require management’s most difficult, subjective or complex judgments, judgments (ii“critical accounting policies”); (B) judgments and uncertainties affecting the application of the foregoing critical accounting policies policies; and (iiiC) explanation of the likelihood that materially different amounts would be reported under different conditions or using different assumptions and an explanation thereofassumptions. The CompanyParent Guarantor’s directors director and senior management have reviewed and agreed with the selection, application and disclosure of the Company’s critical accounting policies as described in the Offering Memorandum and have consulted with the Company’s independent registered public accounting firm with regard to such disclosurepolicies. The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and capital resourcesOperations” in the Disclosure Package and the Final Offering Memorandum fairly accurately and accurately, in fully describes (A) all material respects, describes all trends, demands, commitments, events, uncertainties and risks that the Parent Guarantor and the potential effects thereof known to the Company, that the Company believes Issuer believe would materially affect its liquidity and are reasonably likely to occur. The section entitled “Management’s Discussion ; and Analysis of Financial Condition and Results of Operations – Off-balance sheet arrangements” in the Offering Memorandum fairly and accurately, in all material respects, describes (B) all off-balance sheet transactions, arrangements, commitments and obligations of the Company arrangements that have or its Controlled Entities that are reasonably likely to have a material current or future effect on the liquidity financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources of the Company Parent Guarantor and its Controlled Entities subsidiaries taken as a whole. Except as otherwise disclosed in the Disclosure Package and the Final Offering Memorandum, there are no outstanding guarantees or the availability thereof or the requirements other contingent obligations of the Company and its Controlled Entities for capital resourcesParent Guarantor or any subsidiary that would have a Material Adverse Effect.