EFTA01366913.pdf

Amendment #4 Page 484 of 868 Tater .re! wit, (') CABEI a rate will change to Libor 6 mortis + 6.10% after November 2023 (n) Exam's rate will increase to 6.72% after the Project Commercial Operation Date as defined in the loan documents As of March 31, 2315 accrued interest and fees on notes and loans payable amount to MS1,610,268 (December 31, 2014 USS5987.891) 10. Fair value of derivative instruments The Company uses interest rate swaps and interest rate caps to hedge its variable interest rate exposure on a portion of the Company's bars with CABEI (Note 9) Urger me interest rate swaps/caps agreements ne Company receives a toed rate of interest and pays interest at a variable rate one* fictional amount These derivative financed instruments rove been designated as hedging inseumert s and have been assessed 10 be No* effective as of the hroncol statements dates The Sleds ct the above derivative instruments n the Compeers Inertial statements are summarized as follows March 31, December 31, 2016 2014 Statements of Financial Position Assets Cap agreement of November 2010 $ 406,229 S 484,384 Cap agreement of Cecember 2013 316,470 341,150 S 772,609 $ 826.034 Liabilities Swap agreement of November 2010 9 3,767,091 S 3 148 111 Swap agreement d December 2013 1,049,082 1,388,460 sa,sosiss 3 4,536,571 Mardi 31, March 31, 2016 2014 Statements°, Comprehensive Income - gain i (toss) Change in fair value of derivative instruments - Profit and loss Cap agreement or November 2010 S (7806) S (304.065) Cap agreement or December 2013 (24,660) 57,239 $ (103,336) S (246.826) Statements°, Corrperensive Income - gain I (loss) ineffectiveness of derivative natruments - Profit and loss Swap ageriment or November 2010 S (4298) S 1.204 Swap agreement of December 2013 (10.0341 17,550 S (14,300) S 18,754 °large in intrnsic value of dowabve nationals -Other comprehensive income Cap agreement 4 November 2010 S — S (91.180) Cap agreemere of Dictator 2013 — (209,976) Swap agreement of November 2010 (67,906) 201.143 Swap agreement of December 2013 (205.339) (282.437) Ineffectweness recycled to profit or loss 14,300 (18 754) 9 944 S 401.184) F-164 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-0058441 CONFIDENTIAL SDNY_GM_00204625 EFTA01366913