EFTA01366585.pdf

Amendment #4 Page 156 of 868 iehlf neltel 1 Megawatt-how generation Megawatt-hots generation refers to the actual amour[ ot electnety a power generator produces over a specific penod of time We track the aggregate generation of our pawed generation assets as d ea ndostrie of the periodic production of our business operations Megawarthotes sad Megawatt-hours sold refers to the actual volume of electricity generated and sad by our prcsects canna a particular penal We track rregawattitaurS sold as an indicator of our abtty to recognize revenue from the generation d electncty at our projects Financial meets Cash asairatio foe cistneuten As caloAated n this prospectus. CARD represents net cash provided by (used in) the operating actodeS of Global LLC (i) plus or minus changes in assets and babbles as reflected on our statements a cash flows. (ii) minus deposits into (or plus withdrawals tram) restricted cash accounts required by protect financing orrargernents to the extent triey decrease or increase) Cash provided by (venting 'Chinned (iii) minus cash distritulons paid to non-coitolang interests n as prOteCIS. d any, (ed)mnus schedutal proiect-level and other debt service payments and repayments in accordance ...thine related borrowing arrangements, lathe extent they are pad from operating cash flows daring a period. (v) minus non-expansionary cap tal expend tures. A any. loth, extent they are paid from operatng cash flows during a period. (in) pus cash contra:O0in from our Sponsor pursuant to the Interest Payment Agreement. (w) pus operabng costs and expenses paid by our Sponsor pursuant to the Management Services Agreement to the extent such costs or expenses exceed the fee payable by us pursuant to such agreement but otherwise recce our net cash Provided ay Operating activities and (via) pus a minus operating lerns as necessary to present Ile cash flows we deem represenlauve of ass core business operations with the approval of the audit committee VW believe CAW is iseful to rwestors in evaluating ott operabng performance because secunties anaeysts and otrier interested parties use such calculabora as a measure of fina roe' performance In addtion.CAFD is used by cur management team fa internal planning purposes. For a lute( dscussion of CAFD, including a recorcitiabon of net cash provided by (used in) operating activities to cash available for distntobar and a dspavon a ins linntatons. see footnote (2) under tie hearing 'Surrinary—Surrnary historical and pro forma financial data elsewhere in this prospectus. AtayusteclEBITDA We clothe Aclusted EBITDA as net income plus nterest expense. unrealized (gams) losses on interest rate swaps. income taxes, depreciation and accretion and stock compensat on expense. after eliminating the impact of non-recianng items arc other factors that we do not consider indcalste fiture operabng performance We believe Adusted EBITDA a useful to investors in evaluating our operating performance ten , wa securities analysts and other interested parties use such calculations as a measure of financial pert amerce and debt service capabilities In adoton Musts EBITDA is used by our management for internal planning pa/poses wrath includes cena n aspects of our operabng budget and captal experdnues See footnote (1) under the heading 'Summary—Summary historic.); and pro forma financial data elsewhere in this prospectus for a discussion on the limitations of Adjusted ESTIDA 148 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-0058113 CONFIDENTIAL SONY GM_00204297 EFTA01366585