EFTA01366767.pdf

Amendment #4 Page 338 of 868 *Mee' ColMmt Interest utter the Bodge Facility has vanatie rawest rate options based on either base rate boars or etroicaar ban at the Company s elector Tne interest rate payable under base rate is based upon an adjueted base rate equal to the greater of (a) the base rate (pore rate) n effect on such day, (o) the federal funds etterve rate in effect co etch day pie 050% and (c) the eurodollar rate for a ern:dollar ban with a one month interest penod pus the difference between the applicable margn for eurodollar rate oars and the applicable margin for base rate loans The interest rate increases by° 50% on May 22. 2015 and will rcrease by 0 25% every ninety days thereafter through the date of maturly. The interest rate was 8 5%as of December 31. 2014 The interest rate payable under eurcdollar loam wa be based upon the published LIBOR rate, pus 7 50% applicable margin The Bridge Facility agreement comers certain represeMations covenants and warranties including Imitators on business activrtes, guarantees and quarterly debt coverage reporting including a mnrnum debt service coverage ratio recseement awns The aggregate amounts et payments on long4erm debt dies after Merit 31. 3315 are as follows (In thousands) 2016 2018 2017 2018 2019 71wrettfdir Total Liatunt es of longterm deft S 23,664 S 167.604 S 19450 S 18.435 S 21.652 S 306952 S 557.757 6. Income taxes Our it corre tax balances me determined and receded uSergeSeparate Return- method Use of the separate return method may result in dfferences when comparing annuls allocated to the Company's Carted oil tax praetors to the historical e0n$O1Cated preens:xi of the parent Deferred tax assets and tabbies are recognized for the Mute tax consequences attritxtable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss carry forwards. We record income tax expense each darter using our best estmate of our fill year a effectrve tax rate. Tax expense for the three months ended March 31 2015 and 2014 was 51.118 and 5438, respects/Of We regiany review ors deferred tax assets tor realizabilg talong irto corscleration al available evidence, both posztrve and negabve. including curniative losses. projected Mile pre-tax and taxable income (losses). the expected timing of the reversal ci existing temporary dfferences and the expected impact of tax planning strateges Our total deferred tax letilriles net of deferred tax assets as of March 31, 2015 and December 31. 2014 were $2.934 and 52.684. respectnety We are subject to income taxes nitre United St-ONO and rn.ztiple foreIgn jurisOctons and are siAxect to income tax audits in these juradctions Wo behave our tax merlons are m compliance wan applicable lax taws and reg.Sabons We believe that our kJ bilmes for unrecognized tax bereft,. including related interest are adequate in relation to the potential tor additional tax assessments F-18 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-0058295 CONFIDENTIAL SDNY GM_00204479 EFTA01366767