EFTA01366979.pdf

Amendment #4 Page 550 of 868 liner Coptcnti. Cur solar energy projects for which we have Ion-term debt otigations are included in these financed statements We typically finance our soar energy projects through specific debt secured by the ert *vs assets including movable arc immovable properties bah present and fuure and snare cannel Typically. tnese financing arrangements provde for a credit facility used fa a construction which upon completion is convened into term debt As al December 31. 2014 term debt includes the below Local currency loan availed from Internetanis Finance Corporation Munbai tranch India a repayable in 29 half yearly installments commencing from 15 Apes 2014 The loan carnes an interest rate equal to the Rupee Based Fixed rate on the date of each disbursement and the relevant spread (cute:Ivy at 1215% and 12 41% per anrurn) The Lind dosed balances of the Company's credit facilities we thinly:, to annual commitment fee of 0 5% per annum There are ro undrawn credit faced es as at December 31, 2014 and INR 334 134 477 as a: December 31, 2013 Local currency loan availed from PTC Inca Financial Sery cies Limited is repayable in 59 quarterly instalments commencing from 15 October 2cri 3 The loan carries an interest rate equal to the Rupee Based Foe(' rate Ce, the date of each disbursement and Ire relevant spread (currently at 12 75% per aman) The Company red not comply with a covenant in connection with the ioan availed from International Finance Cciporaton which was required that the project financial completion date be met on or before 1 April 2015 The Company waned an extension to a period o 180 days from 1 April 2015 it is protatie that the Company we meet the requirements within the grace period and accadrgy the outstanding man balances have been continued to be classified as noncurent to the exert rot repayable wart n one year As at December 31, 2013 term debt included Ire below Local currency loan availed from Irdustnal and Cornmeroal Bank of China. hlumbai branch is repayable in August 2014. The Company reps d tie loan on 2 Jarman,* 2014 The loan carried an reefed rate of 11 20% per annifin The loan was secured against a standby letter of credit of 525 melon issued by CDC Zhejiang Provincial Brooch to CBC Mumbai Branch This standby letter of creme is issued by ICBC Zhejiang Provincial Branch to the Company with no recOule Prepayment charges anoint ng to INR 24.000,096 during the year ended December 31, 2013 are included under interest expense The term debt agreements conga n certain representations, covenants and warranties of the borrower including limner:ions on business achwhes, guarantees and onwormereaI issues req./foments The fair value of the outstanding debt obligations approximates carrying value The term loans are seosed by substenhaily all cl the Company's assets Maturfdos Tre aggregate amounts of payments on long-term debt due alter Detente, 31 2014 we as knows 2016 2016 2017 2010 2010 Thereaftet Total INR Maturees of debt 83 801640 86 012.448 90.566.720 97.792 530 104.844 406 1.173.403.460 1.633.423.204 F-230 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058507 CONFIDENTIAL SDNY_GM_00204691 EFTA01366979