Bruce Mansfield Unit 1 Leases by The Numbers

This compilation is neither legal nor investment advice. FSB 18, 3.
BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0
The Bruce Mansfield Station, Units 1, 2 and 3
NOTE: There are many numbers and calculations in this compilation. The Complier is an attorney by
training without great skill with numbers and calculations. Thus, these numbers and calculations should
be viewed as illustrative and not definitive.
Law Offices of Timothy M. Toy

Mendham, New Jersey 07945
tmtoy@tmtoylaw.com
April 8, 2018
BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 1

This compilation is neither legal nor investment advice. FSB 18, 3.0
Contents
Introduction .................................................................................................................................................. 3
TABLE 1: Principal Amortization and Declining Debt Balance .................................................................... 5
TABLE 2: Lease-by-Lease Purchase Prices and Undivided and “Deal” Percentages .................................. 7
TABLE 3: Termination Amount and Outstanding Debt Principal per kW ................................................... 8
TABLE 4: EQUITY PORTION OF BASIC RENT ............................................................................................... 10
TABLE 4-A: PERIODIC INTEREST ACCRUAL ................................................................................................. 12
TABLE 5: BRUCE MANSFIELD UNIT 1 LEASES: CASH/PERIODIC RENT v. AVERAGE RENT ......................... 14
TABLE 6: Equity Portion of Termination Amount ...................................................................................... 16
TABLE 7: Fixed Ancillary Facilities Rent ..................................................................................................... 18
TABLE 8: NPV OF EQUITY RENTS AND RESIDUAL ...................................................................................... 19
DOCUMENT DESCRIPTIONS OF LEASE SCHEDULES ................................................................................... 21
SCHEDULE 1-A: Basic (Cash)/Periodic Rent ........................................................................................... 21
SCHEDULE 1-B: Allocated Rents ............................................................................................................. 21
SCHEDULE 1-C: Section 467 Loan Mechanics ........................................................................................ 22
SCHEDULE 2: Termination Amount........................................................................................................ 22
SCHEDULE 3: Calculation of Premium.................................................................................................... 23
SCHEDULE 4: Amounts Used in the Calculation of Termination Amounts and PVRR Amounts .......... 24
SCHEDULE 1-A: {Periodic}Rent Payment .................................................................................................. 25
SCHEDULE 1-B: ALLOCATED RENT .............................................................................................................. 27
[SCHEDULE 1-B: Rent Test Assumptions] {NOT IN ORIGINAL] .................................................................. 28
SCHEDULE 1-C: Section 467 Loan Principal Balance; Section 467 Interest ............................................... 30
SCHEDULE 2: Termination Amounts .......................................................................................................... 32
SCHEDULE 3: Amounts Used in the Calculation of Special Event Amount ............................................... 39
SCHEDULE 4: Amounts Used in the Calculation of Termination Amounts and PVRR Amounts .............. 40
SECTION 17. REMEDIES ....................................................................................................................... 41
Section 17.1. Remedies for Lease Event of Default. ......................................................................... 41
Section 17.2. Cumulative Remedies. ................................................................................................ 43
Section 17.3. No Delay or Omission to be Construed as Waiver...................................................... 44

Introduction
1. TABLES have been created by the Compiler. Schedules are schedules from the Mansfield 2007 Trust A
lease. Columns have been added to some schedules to show the aggregate dollar equivalent amount
obtained from applying the lease schedule percentage to the $1,315,500,000.00 aggregate of purchase
prices.
1. Table 1 was populated using:
(i) the percentage amortization shown in the Trust A Lessor Note;1 and
(ii) the aggregate purchase prices for the six separate lease transactions ($1,315,500,0002).
The dollar amounts correspond exactly to the stated dollar-expressed amortization of the pass through
certificates (PTCs),3 thereby enabling the assumption that the rent and other percentages in the leases
schedules and the debt amortization percentages across all six leases are the same. Had the extrapolated
cash equivalent amortization departed from the stated amortization of the PTCs, this would mean that
one or more of the leases had percentage schedules that departed from the Trust A lease schedules---
thus requiring all sets of lease and debt schedules to calculate aggregate dollar amounts and sum such
amounts across all leases.
2. Table 2 shows information that varies across each of the six leases: undivided interest percentages;
“deal” percentage; and purchase prices.
3. Table 3 shows Termination Amounts expressed in dollars per kW and lease debt balance in dollars per
kW. Table 3 shows entries only for the debt service payment dates of June 1 and December 1. Termination
Amounts are stated monthly in the lease schedule as shown in Schedule 2.
4. Table 4 shows the so-called “equity portion of rent” (sometimes called “free cash’) the amount by which
scheduled cash rent exceeds the amount of principal and interest due on the date in question. Amounts
prior to December 1, 2016 can be readily calculated but are not shown in the Table 4.
5.Table 4-A shows the accrued interest amounts used in assembling Table 4.
6. Table 5 shows the excess (shortfall) of cash rent (called “periodic rent” in the leases) in relation to
average semi-annual rent.
7. Table 6 shows the Equity Portion of Termination, the amount by which the scheduled cash Termination
Amount exceeds the amount of principal and interest on the Lessor Notes then scheduled to be due on
the date in question.
1
https://www.sec.gov/Archives/edgar/data/1031296/000095013607005284/file4.htm
2
See Table 2.
3
Pages 142-143 of Rule 424(b)(3) prospectus:
https://www.sec.gov/Archives/edgar/data/1407702/000095013607005910/file1.htm

8. Schedules 1-A, 1-B, 1-C, 2, 3 and 4 are the lease schedules. Preceding the lease schedules are excerpts
from the Leases (see pages 21 through 24) showing the lease provision that utilizes the schedule in
question.
9. Schedules 3 and 4 relate to the calculation of debt premiums that are due in certain situations. Due to
the remoteness of the situations in which debt premiums might become due, debt premium calculations
are not considered in this Compilation.

TABLE 1: Principal Amortization and Declining Debt Balance

[A] [B] [C] Post-
Payment Date Percentage of Principal Cash Equivalent Amortization
Amount Payable Amortization Balance
July 13, 2007 0.0000000000% $0.00 $1,135,300,000.00
December 1, 2007 0.0000000000% $0.00 $1,135,300,000.00
June 1, 2008 0.0000000000% $0.00 $1,135,300,000.00
December 1, 2008 0.0000000000% $0.00 $1,135,300,000.00
June 1, 2009 0.8235708623% $9,350,000.00 $1,125,950,000
December 1, 2009 0.0000000000% $0.00 $1,125,950,000
June 1, 2010 1.0657975865% $12,100,000.00 $1,113,850,000
December 1, 2010 0.0000000000% $0.00 $1,113,850,000
June 1, 2011 1.1406676649% $12,950,000.00 $1,100,900,000
December 1, 2011 0.0000000000% $0.00 $1,100,900,000
June 1, 2012 4.4701840923% $50,750,000.00 $1,050,150,000
December 1, 2012 0.0000000000% $0.00 $1,050,150,000
June 1, 2013 5.4126662556% $61,450,000.00 $988,700,000
December 1, 2013 0.0000000000% $0.00 $988,700,000
June 1, 2014 5.8002290144% $65,850,000.00 $922,850,000
December 1, 2014 0.0000000000% $0.00 $922,850,000
June 1, 2015 6.2098123844% $70,500,000.00 $852,350,000
December 1, 2015 0.0000000000% $0.00 $852,350,000
June 1, 2016 5.5756187792% $63,300,000.00 $789,050,000
December 1, 2016 0.0000000000% $0.00 $789,050,000
June 1, 2017 1.7484365366% $19,850,000.00 $769,200,000
December 1, 2017 0.0000000000% $0.00 $769,200,000
June 1, 2018 3.9681141548% $45,050,000.00 $724,150,000
December 1, 2018 0.0000000000% $0.00 $724,150,000
June 1, 2019 4.1398749229% $47,000,000.00 $677,150,000
December 1, 2019 0.0000000000% $0.00 $677,150,000
June 1, 2020 1.9862591386% $22,550,000.00 $654,600,000
December 1, 2020 0.0000000000% $0.00 $654,600,000
June 1, 2021 4.3380604246% $49,250,000.00 $605,350,000
December 1, 2021 0.0000000000% $0.00 $605,350,000
June 1, 2022 4.5274376817% $51,400,000.00 $553,950,000
December 1, 2022 0.0000000000% $0.00 $553,950,000
June 1, 2023 2.2681229631% $25,750,000.00 $528,200,000
December 1, 2023 0.0000000000% $0.00 $528,200,000
June 1, 2024 4.7564520391% $54,000,000.00 $474,200,000
December 1, 2024 0.0000000000% $0.00 $474,200,000
June 1, 2025 4.9678499075% $56,400,000.00 $417,800,000
December 1, 2025 0.0000000000% $0.00 $417,800,000
June 1, 2026 2.5940280102% $29,450,000.00 $388,350,000
December 1, 2026 0.0000000000% $0.00 $388,350,000

June 1, 2027 5.4787280895% $62,200,000.00 $326,150,000

December 1, 2027 0.0000000000% $0.00 $326,150,000
June 1, 2028 5.7385713027% $65,150,000.00 $261,000,000
December 1, 2028 0.0000000000% $0.00 $261,000,000
June 1, 2029 2.5631991544% $29,100,000.00 $231,900,000
December 1, 2029 0.0000000000% $0.00 $231,900,000
June 1, 2030 6.0600722276% $68,800,000.00 $163,100,000
December 1, 2030 0.0000000000% $0.00 $163,100,000
June 1, 2031 4.5846912710% $52,050,000.00 $111,050,000
December 1, 2031 1.5678675240% $17,800,000.00 $93,250,000
June 1, 2032 2.3429930415% $26,600,000.00 $66,650,000
December 1, 2032 0.0000000000% $0.00 $66,650,000
June 1, 2033 5.7561877918% $65,350,000.00 $1,300,000
December 1, 2033 0.0000000000% $0.00 $1,300,000
June 1, 2034 0.1145071787% $1,300,000.00 $0.00
Total 100.0000000000% $1,135,300,000.00 ----

TABLE 2: Lease-by-Lease Purchase Prices and Undivided and “Deal” Percentages

BRUCE MANSFIELD UNIT 1 LEASE: (i) Undivided Interest Percentages and (ii) “Deal”
Percentage (i.e., Trust Purchase Price Expressed as a Percentage of Overall Purchase
Price for 2007 Sale and Leaseback $1,315,500,000.00)
MANSFIELD Undivided Deal %4
2007 TRUST Owner Participant Interest % Purchase Price
A MetLife Capital, Inc.5 16.8885%6 18% $236,790,000.00
B MetLife Capital, Inc. 15.0120% 16% $210,480,000.00
C MetLife Capital, Inc. 15.0120% 16% $210,480,000.00
D MetLife Capital, Inc. 15.0120% 16% $210,480,000.00
E MetLife Capital, Inc. 15.0120% 16% $210,480,000.00
MetLife Subtotal 76.9365% 82% $1,078,710,000.00
F BM1, LLC 16.8885% 18% $236,790,000.00
Total 93.825% 100% $1,315,500,000.00

Purchase Price Equals Deal % of $1,315,500,000
4
The “deal percentage” is the undivided interest percentage expressed as a percentage of the aggregate
percentages interest, 93.825%, that was sold and leased back.
5
Trusts A through E: MetLife Capital is the assignee of Hillbrook Corp, the original owner participant and
a subsidiary of AIG.
6
Percentages derived from recorded deeds and cross-checked to FERC “exempt wholesale generator”
(a/k/a “EWG”) exemption filings.

TABLE 3: Termination Amount and Outstanding Debt Principal per kW

(C) (E) Debt
(A) Stated TV (D) Balance
Stated Termination (B) Stated TV Expressed Debt Balance Expressed
Semi-Annual Amount (“TV”) Expressed in $ in Dollars after giving effect in Dollars
Date Expressed as a % (A) of $1,315,500,000 per Kw7 to scheduled rent per Kw
Dec 1 2007 101.25174736% $1,331,764,233.03 $1,710.13 $1,135,300,000 $1,457.85
Jun 1 2008 101.28815863% $1,332,243,150.46 $1,710.75 $1,135,300,000 $1,457.85
Dec 1 2008 102.06745670% $1,342,493,257.98 $1,723.91 $1,135,300,000 $1,457.85
Jun 1 2009 101.94448169% $1,340,875,767.67 $1,721.83 $1,125,950,000 $1,445.84
Dec 1 2009 102.63638397% $1,349,976,358.36 $1,733.52 $1,125,950,000 $1,445.84
Jun 1 2010 102.37115595% $1,346,487,814.21 $1,729.04 $1,113,850,000 $1,430.30
Dec 1 2010 102.98938311% $1,354,619,356.05 $1,739.48 $1,113,850,000 $1,430.30
Jun 1 2011 102.58678153% $1,349,323,937.46 $1,732.68 $1,100,900,000 $1,413.68
Dec 1 2011 103.1352556842% $1,356,538,018.01 $1,741.94 $1,100,900,000 $1,413.68
Jun 1 2012 99.7864347981% $1,312,490,976.90 $1,685.38 $1,050,150,000 $1,348.51
Dec 1 2012 100.2692082068% $1,318,840,895.54 $1,693.54 $1,050,150,000 $1,348.51
Jun 1 2013 96.0405293403% $1,263,221,082.41 $1,622.11 $988,700,000 $1,269.60
Dec 1 2013 96.4619380625% $1,268,763,871.34 $1,629.23 $988,700,000 $1,269.60
Jun 1 2014 91.8418959126% $1,207,996,456.94 $1,551.20 $922,850,000 $1,185.04
Dec 1 2014 92.2068142065% $1,212,796,227.26 $1,557.36 $922,850,000 $1,185.04
Jun 1 2015 87.1766786540% $1,146,634,854.34 $1,472.40 $852,350,000 $1,094.51
Dec 1 2015 87.4890368863% $1,150,743,302.17 $1,477.68 $852,350,000 $1,094.51
Jun 1 2016 82.9203593826% $1,090,651,486.96 $1,400.52 $789,050,000 $1,013.23
Dec 1 2016 83.1797957177% $1,094,063,853.07 $1,404.90 $789,050,000 $1,013.23
Jun 1 2017 81.8981264779% $1,077,206,057.56 $1,383.25 $769,200,000 $987.74
Dec 1 2017 82.1056498032% $1,079,935,611.86 $1,386.76 $769,200,000 $987.74
Jun 1 2018 78.8539432096% $1,037,165,915.04 $1,331.83 $724,150,000 $929.89
Dec 1 2018 79.0249870694% $1,039,415,654.92 $1,334.72 $724,150,000 $929.89
Jun 1 2019 75.6014650824% $994,386,070.23 $1,276.90 $677,150,000 $869.53
Dec 1 2019 75.7524983099% $996,372,610.27 $1,279.45 $677,150,000 $869.53
Jun 1 2020 74.1720494172% $975,584,965.98 $1,252.76 $654,600,000 $840.58
Dec 1 2020 74.3088406920% $977,384,181.62 $1,255.07 $654,600,000 $840.58
Jun 1 2021 70.6825966267% $929,688,193.43 $1,193.82 $605,350,000 $777.34
Dec 1 2021 70.8090338921% $931,351,222.78 $1,195.96 $605,350,000 $777.34
Jun 1 2022 67.0127010072% $881,418,056.35 $1,131.84 $553,950,000 $711.33
Dec 1 2022 67.1337558251% $883,010,290.37 $1,133.88 $553,950,000 $711.33
Jun 1 2023 65.2875222177% $858,726,779.73 $1,102.70 $528,200,000 $678.27
Dec 1 2023 65.4087804842% $860,321,689.71 $1,104.75 $528,200,000 $678.27
Jun 1 2024 61.4138281299% $807,776,081.39 $1,037.27 $474,200,000 $608.92
7
Formula: (B) divided by 778,750 (i.e., 93.825% of Unit 1’s 830 MW rating).

Dec 1 2024 61.5416285691% $809,457,040.57 $1,039.43 $474,200,000 $608.92

Jun 1 2025 57.3760587842% $754,667,301.19 $969.08 $417,800,000 $536.50
Dec 1 2025 57.5182008648% $756,536,895.97 $971.48 $417,800,000 $536.50
Jun 1 2026 55.4232339386% $728,981,795.99 $936.09 $388,350,000 $498.68
Dec 1 2026 55.5884777351% $731,155,247.65 $938.88 $388,350,000 $498.68
Jun 1 2027 51.0335140406% $671,243,810.18 $861.95 $326,150,000 $418.81
Dec 1 2027 51.2379648769% $673,932,952.03 $865.40 $326,150,000 $418.81
Jun 1 2028 46.5073717300% $611,711,460.36 $785.50 $261,000,000 $335.15
Dec 1 2028 46.7727124906% $615,201,487.39 $789.99 $261,000,000 $335.15
Jun 1 2029 44.8577912504% $590,014,528.32 $757.64 $231,900,000 $297.78
Dec 1 2029 45.2023311210% $594,546,261.23 $763.46 $231,900,000 $297.78
Jun 1 2030 40.3586303749% $530,837,065.32 $681.65 $163,100,000 $209.44
Dec 1 2030 40.8496204301% $537,295,057.52 $689.95 $163,100,000 $209.44
Jun 1 2031 37.0002694972% $486,664,544.70 $624.93 $111,050,000 $142.60
Dec 1 2031 36.3053058018% $477,523,687.21 $613.19 $93,250,000 $119.74
Jun 1 2032 34.0031771406% $447,243,788.93 $574.31 $66,650,000 $85.59
Dec 1 2032 34.8185584005% $457,968,498.64 $588.08 $66,650,000 $85.59
Jun 1 2033 29.4949750204% $387,947,406.44 $498.17 $1,300,000 $1.67
Dec 1 2033 30.4735541274% $400,818,657.44 $514.69 $1,300,000 $1.67
Jun 1 20348 27.7975853976% $365,621,640.73 $469.50 $0.00
Dec 1 2034 28.7862039245% $378,624,940.22 $486.20 $0.00
Jun 1 2035 25.7564751551% $338,774,917.72 $435.02 $0.00
Dec 1 2035 26.7120055742% $351,343,009.32 $451.16 $0.00
Jun 1 2036 22.7757608351% $299,569,582.26 $384.68 $0.00
Dec 1 2036 23.6316584865% $310,827,204.07 $399.14 $0.00
Jun 1 2037 24.2220030064% $318,592,005.54 $409.11 $0.00
Dec 1 2037 25.2968569647% $332,729,559.66 $427.26 $0.00
Jun 1 2038 26.4981943580% $348,530,750.39 $447.55 $0.00
Dec 1 2038 26.0582588497% $342,744,278.65 $440.12 $0.00
Jun 1 2039 27.4276559499% $360,755,958.71 $463.25 $0.00
Dec 1 2039 28.9587800457% $380,894,833.94 $489.11 $0.00
Jun 1 2040 30.6624047010% $403,302,609.03 $517.88 $0.00
Jun 13 2040 21.5013547455% $282,807,318.97 $363.16 $0.00
8
Scheduled debt maturity.

TABLE 4: EQUITY PORTION OF BASIC RENT

[C] Debt Service [D]
[B] [C-1] [C-2] [C-3] Debt Cash Rent [B] Less
[A] Rent Cash Rent Principal Interest9 Service [C-1 plus Debt Service [C-3]
Payment Date {C-2]
Dec 1 2016 $27,065,081.74 $0.00 $27,024,962.50 $27,024,962.50 $40,119.24
Jun 1 2017 $47,042,232.38 $19,850,000.00 $27,024,962.50 $46,874,962.50 $167,269.88
Dec 1 2017 $26,384,209.99 $0.00 $26,345,100.00 $26,345,100.00 $39,109.99
Jun 1 2018 $71,607,973.31 $45,050,000.00 $26,345,100.00 $71,395,100.00 $212,873.31
Dec 1 2018 $24,838,956.99 $0.00 $24,802,137.50 $24,802,137.50 $36,819.49
Jun 1 2019 $71,987,639.89 $47,000,000.00 $24,802,137.50 $71,802,137.50 $185,502.39
Dec 1 2019 $23,226,817.27 $0.00 $23,192,387.50 $23,192,387.50 $34,429.77
Jun 1 2020 $45,919,556.13 $22,550,000.00 $23,192,387.50 $45,742,387.50 $177,168.63
Dec 1 2020 $22,453,333.13 $0.00 $22,420,050.00 $22,420,050.00 $33,283.13
Jun 1 2021 $71,892,755.38 $49,250,000.00 $22,420,050.00 $71,670,050.00 $222,705.38
Dec 1 2021 $20,764,016.57 $0.00 $20,733,237.50 $20,733,237.50 $30,779.07
Jun 1 2022 $72,331,425.69 $51,400,000.00 $20,733,237.50 $72,133,237.50 $198,188.19
Dec 1 2022 $19,000,953.08 $0.00 $18,972,787.50 $18,972,787.50 $28,165.58
Jun 1 2023 $44,876,781.38 $25,750,000.00 $18,972,787.50 $44,722,787.50 $153,993.88
Dec 1 2023 $18,117,706.39 $0.00 $18,090,850.00 $18,090,850.00 $26,856.39
Jun 1 2024 $72,299,480.75 $54,000,000.00 $18,090,850.00 $72,090,850.00 $208,630.75
Dec 1 2024 $16,265,460.68 $0.00 $16,241,350.00 $16,241,350.00 $24,110.68
Jun 1 2025 $72,821,701.88 $56,400,000.00 $16,241,350.00 $72,641,350.00 $180,351.88
Dec 1 2025 $14,330,893.09 $0.00 $14,309,650.00 $14,309,650.00 $21,243.09
Jun 1 2026 $43,889,309.07 $29,450,000.00 $14,309,650.00 $43,759,650.00 $129,659.07
Dec 1 2026 $13,320,733.14 $0.00 $13,300,987.50 $13,300,987.50 $19,745.64
Jun 1 2027 $75,613,070.67 $62,200,000.00 $13,300,987.50 $75,500,987.50 $112,083.17
Dec 1 2027 $11,187,220.64 $0.00 $11,170,637.50 $11,170,637.50 $16,583.14
Jun 1 2028 $76,433,937.54 $65,150,000.00 $11,170,637.50 $76,320,637.50 $113,300.04
Dec 1 2028 $8,952,520.54 $0.00 $8,939,250.00 $8,939,250.00 $13,270.54
Jun 1 2029 $38,095,720.26 $29,100,000.00 $8,939,250.00 $38,039,250.00 $56,470.26
Dec 1 2029 $7,954,365.97 $0.00 $7,942,575.00 $7,942,575.00 $11,790.97
Jun 1 2030 $76,856,501.40 $68,800,000.00 $7,942,575.00 $76,742,575.00 $113,926.40
Dec 1 2030 $5,594,467.76 $0.00 $5,586,175.00 $5,586,175.00 $8,292.76
9
(A) Annual interest rate of 6.85% divided by two (3.425%)
TIMES
(B) pre-amortization debt balance: for each date, Column [B] plus Column [C] in Table 1.

Jun 1 2031 $63,886,551.87 $52,050,000.00 $5,586,175.00 $57,636,175.00 $6,250,376.87

Dec 1 2031 $21,635,533.48 $17,800,000.00 $3,803,462.50 $21,603,462.50 $32,070.98
Jun 1 2032 $43,524,352.93 $26,600,000.00 $3,193,812.50 $29,793,812.50 $13,730,540.43
Dec 1 2032 $2,286,151.28 $0.00 $2,282,762.50 $2,282,762.50 $3,388.78
Jun 1 2033 $84,554,378.15 $65,350,000.00 $2,282,762.50 $67,632,762.50 $16,921,615.65
Dec 1 2033 $44,591.11 $0.00 $44,525.00 $44,525.00 $66.11
Jun 1 203410 $49,769,001.44 $1,300,000.00 $44,525.00 $1,344,525.00 $48,424,476.44
Dec 1 2034 $0.00 $0.00
Jun 1 2035 $54,460,932.80 $54,460,932.80
Dec 1 2035 $0.00 $0.00
Jun 1 2036 $65,866,539.07 $65,866,539.07
Dec 1 2036 $0.00 $0.00
Jun 1 2037 $4,977,411.31 $4,977,411.31
Dec 1 2037 $0.00 $0.00
Jun 1 2038 $0.00 $0.00
Dec 1 2038 $23,544,945.29 $23,544,945.29
Jun 1 2039 $0.00 $0.00
Dec 1 2039 $0.00 $0.00
Jun 1 2040 $0.00 $0.00
Jun 13 2040 $121,094,677.65 $121,094,677.65
$1,676,769,889.0 $789,050,000.00 $529,796,125.00 $1,318,846,125.00 $357,923,764.0911
TOTAL 9
10
11
Table 8 below presents a net present value (NOV) calculation for the stream of payments shown in
Table 4.

TABLE 4-A: PERIODIC INTEREST ACCRUAL

[A] [B]
Pre-Amortization Interest Due
Payment Date Balance 3.425%12 of [A]
December 1, 2016 $789,050,000 $27,024,962.50
June 1, 2017 $789,050,000 $27,024,962.50
December 1, 2017 $769,200,000 $26,345,100.00
June 1, 2018 $769,200,000 $26,345,100.00
December 1, 2018 $724,150,000 $24,802,137.50
June 1, 2019 $724,150,000
$24,802,137.50
December 1, 2019 $677,150,000 $23,192,387.50
June 1, 2020 $677,150,000
$23,192,387.50
December 1, 2020 $654,600,000 $22,420,050.00
June 1, 2021 $654,600,000 $22,420,050.00
December 1, 2021 $605,350,000 $20,733,237.50
June 1, 2022 $605,350,000 $20,733,237.50
December 1, 2022 $553,950,000
$18,972,787.50
June 1, 2023 $553,950,000 $18,972,787.50
December 1, 2023 $528,200,000 $18,090,850.00
June 1, 2024 $528,200,000 $18,090,850.00
December 1, 2024 $474,200,000 $16,241,350.00
June 1, 2025 $474,200,000 $16,241,350.00
December 1, 2025 $417,800,000 $14,309,650.00
June 1, 2026 $417,800,000 $14,309,650.00
December 1, 2026 $388,350,000 $13,300,987.50
June 1, 2027 $388,350,000 $13,300,987.50
December 1, 2027 $326,150,000 $11,170,637.50
June 1, 2028 $326,150,000 $11,170,637.50
December 1, 2028 $261,000,000 $8,939,250.00
June 1, 2029 $261,000,000 $8,939,250.00
12
3.425% is one-half of the annual interest rate. No effort has been undertaken by the compiler to adjust
for “bond” interest: to wit, computation of interest based on a 360-day year of twelve 30-day months.

December 1, 2029 $231,900,000 $7,942,575.00

June 1, 2030 $231,900,000 $7,942,575.00
December 1, 2030 $163,100,000 $5,586,175.00
June 1, 2031 $163,100,000 $5,586,175.00
December 1, 2031 $111,050,000 $3,803,462.50
June 1, 2032 $93,250,000 $3,193,812.50
December 1, 2032 $66,650,000 $2,282,762.50
June 1, 2033 $66,650,000 $2,282,762.50
December 1, 2033 $1,300,000 $44,525.00
June 1, 2034 $1,300,000 $44,525.00

TABLE 5: BRUCE MANSFIELD UNIT 1 LEASES: CASH/PERIODIC RENT v. AVERAGE RENT

(A) (B) (C) (D) (E) (F)
CUMMULATIVE
PERIODIC CASH RENT CUMMULATIVE EXCESS
CASH RENT EQUALS (B) times CUMMULATIVE AVERAGE SEMI- (SHORTFALL)
RENT DATE PERCENTAGE $1,315,500,00013 CASH RENT ANNUAL RENT14 OF (D) OVER (E)
Jul 13 2007 0.00000000% $0.00 $0.00 $39,554,233.72 -$39,554,233.72
Dec 1 2007 3.38233986% $44,494,680.86 $44,494,680.86 $79,108,467.44 -$34,613,786.58
Jun 1 2008 3.80445551% $50,047,612.23 $94,542,293.09 $118,662,701.16 -$24,120,408.07
Dec 1 2008 2.96022420% $38,941,749.35 $133,484,042.44 $158,216,934.88 -$24,732,892.43
Jun 1 2009 3.82883506% $50,368,325.21 $183,852,367.66 $197,771,168.60 -$13,918,800.94
Dec 1 2009 2.93584466% $38,621,036.50 $222,473,404.16 $237,325,402.32 -$14,851,998.16
Jun 1 2010 3.86038506% $50,783,365.46 $273,256,769.62 $276,879,636.04 -$3,622,866.41
Dec 1 2010 2.90429466% $38,205,996.25 $311,462,765.88 $316,433,869.76 -$4,971,103.88
Jun 1 2011 3.89415138% $51,227,561.40 $362,690,327.28 $355,988,103.48 $6,702,223.80
Dec 1 2011 2.87052834% $37,761,800.31 $400,452,127.59 $395,542,337.20 $4,909,790.40
Jun 1 2012 6.73844504% $88,644,244.50 $489,096,372.09 $435,096,570.92 $53,999,801.18
Dec 1 2012 2.73820087% $36,021,032.44 $525,117,404.54 $474,650,804.63 $50,466,599.90
Jun 1 2013 7.42202619% $97,636,754.53 $622,754,159.07 $514,205,038.35 $108,549,120.71
Dec 1 2013 2.57797381% $33,913,245.47 $656,667,404.54 $553,759,272.07 $102,908,132.47
Jun 1 2014 7.59372597% $99,895,465.14 $756,562,869.67 $593,313,505.79 $163,249,363.88
Dec 1 2014 2.40627403% $31,654,534.86 $788,217,404.54 $632,867,739.51 $155,349,665.03
Jun 1 2015 7.77755034% $102,313,674.72 $890,531,079.26 $672,421,973.23 $218,109,106.03
Dec 1 2015 2.22244966% $29,236,325.28 $919,767,404.54 $711,976,206.95 $207,791,197.59
Jun 1 2016 7.08100337% $93,150,599.33 $1,012,918,003.87 $751,530,440.67 $261,387,563.20
Dec 1 2016 2.05739884% $27,065,081.74 $1,039,983,085.61 $791,084,674.39 $248,898,411.22
Jun 1 2017 3.57599638% $47,042,232.38 $1,087,025,317.99 $830,638,908.11 $256,386,409.88
Dec 1 2017 2.00564120% $26,384,209.99 $1,113,409,527.98 $870,193,141.83 $243,216,386.15
Jun 1 2018 5.44340352% $71,607,973.31 $1,185,017,501.28 $909,747,375.55 $275,270,125.73
Dec 1 2018 1.88817613% $24,838,956.99 $1,209,856,458.27 $949,301,609.27 $260,554,849.00
Jun 1 2019 5.47226453% $71,987,639.89 $1,281,844,098.16 $988,855,842.99 $292,988,255.18
Dec 1 2019 1.76562655% $23,226,817.27 $1,305,070,915.43 $1,028,410,076.71 $276,660,838.72
Jun 1 2020 3.49065421% $45,919,556.13 $1,350,990,471.56 $1,067,964,310.43 $283,026,161.13
Dec 1 2020 1.70682882% $22,453,333.13 $1,373,443,804.69 $1,107,518,544.15 $265,925,260.54
13
$1,315,500,000 is the aggregate of purchases prices for the six separately documented sale and
leaseback transactions. Cash/periodic rent is expressed as a percentage of purchase price.
14
Total of Column (C), $2,689,687,892.93, divided by the number of semi-annual periods (68) equals
$39,554,233.72. This amount equates to the average semi-annual cash/periodic rent for the basic, non-
cancellable lease term.

Jun 1 2021 5.46505172% $71,892,755.38 $1,445,336,560.07 $1,147,072,777.87 $298,263,782.20

Dec 1 2021 1.57841251% $20,764,016.57 $1,466,100,576.64 $1,186,627,011.59 $279,473,565.05
Jun 1 2022 5.49839800% $72,331,425.69 $1,538,432,002.33 $1,226,181,245.31 $312,250,757.02
Dec 1 2022 1.44439020% $19,000,953.08 $1,557,432,955.41 $1,265,735,479.03 $291,697,476.38
Jun 1 2023 3.41138589% $44,876,781.38 $1,602,309,736.79 $1,305,289,712.75 $297,020,024.04
Dec 1 2023 1.37724868% $18,117,706.39 $1,620,427,443.17 $1,344,843,946.47 $275,583,496.71
Jun 1 2024 5.49596965% $72,299,480.75 $1,692,726,923.92 $1,384,398,180.18 $308,328,743.74
Dec 1 2024 1.23644703% $16,265,460.68 $1,708,992,384.60 $1,423,952,413.90 $285,039,970.70
Jun 1 2025 5.53566719% $72,821,701.88 $1,781,814,086.48 $1,463,506,647.62 $318,307,438.86
Dec 1 2025 1.08938754% $14,330,893.09 $1,796,144,979.57 $1,503,060,881.34 $293,084,098.23
Jun 1 2026 3.33632148% $43,889,309.07 $1,840,034,288.64 $1,542,615,115.06 $297,419,173.58
Dec 1 2026 1.01259849% $13,320,733.14 $1,853,355,021.78 $1,582,169,348.78 $271,185,673.00
Jun 1 2027 5.74785790% $75,613,070.67 $1,928,968,092.45 $1,621,723,582.50 $307,244,509.95
Dec 1 2027 0.85041586% $11,187,220.64 $1,940,155,313.09 $1,661,277,816.22 $278,877,496.87
Jun 1 2028 5.81025751% $76,433,937.54 $2,016,589,250.64 $1,700,832,049.94 $315,757,200.69
Dec 1 2028 0.68054128% $8,952,520.54 $2,025,541,771.17 $1,740,386,283.66 $285,155,487.51
Jun 1 2029 2.89591184% $38,095,720.26 $2,063,637,491.43 $1,779,940,517.38 $283,696,974.05
Dec 1 2029 0.60466484% $7,954,365.97 $2,071,591,857.40 $1,819,494,751.10 $252,097,106.30
Jun 1 2030 5.84237943% $76,856,501.40 $2,148,448,358.80 $1,859,048,984.82 $289,399,373.98
Dec 1 2030 0.42527311% $5,594,467.76 $2,154,042,826.56 $1,898,603,218.54 $255,439,608.02
Jun 1 2031 4.85644636% $63,886,551.87 $2,217,929,378.43 $1,938,157,452.26 $279,771,926.17
Dec 1 2031 1.64466237% $21,635,533.48 $2,239,564,911.91 $1,977,711,685.98 $261,853,225.93
Jun 1 2032 3.30857871% $43,524,352.93 $2,283,089,264.84 $2,017,265,919.70 $265,823,345.14
Dec 1 2032 0.17378573% $2,286,151.28 $2,285,375,416.11 $2,056,820,153.42 $228,555,262.70
Jun 1 2033 6.42754680% $84,554,378.15 $2,369,929,794.27 $2,096,374,387.14 $273,555,407.13
Dec 1 2033 0.00338967% $44,591.11 $2,369,974,385.38 $2,135,928,620.86 $234,045,764.52
Jun 1 2034 3.78327643% $49,769,001.44 $2,419,743,386.81 $2,175,482,854.58 $244,260,532.24
Dec 1 2034 0.00000000% $0.00 $2,419,743,386.81 $2,215,037,088.30 $204,706,298.52
Jun 1 2035 4.13994168% $54,460,932.80 $2,474,204,319.61 $2,254,591,322.01 $219,612,997.60
Dec 1 2035 0.00000000% $0.00 $2,474,204,319.61 $2,294,145,555.73 $180,058,763.88
Jun 1 2036 5.00695850% $65,866,539.07 $2,540,070,858.68 $2,333,699,789.45 $206,371,069.23
Dec 1 2036 0.00000000% $0.00 $2,540,070,858.68 $2,373,254,023.17 $166,816,835.51
Jun 1 2037 0.37836650% $4,977,411.31 $2,545,048,269.99 $2,412,808,256.89 $132,240,013.10
Dec 1 2037 0.00000000% $0.00 $2,545,048,269.99 $2,452,362,490.61 $92,685,779.38
Jun 1 2038 0.00000000% $0.00 $2,545,048,269.99 $2,491,916,724.33 $53,131,545.66
Dec 1 2038 1.78980960% $23,544,945.29 $2,568,593,215.28 $2,531,470,958.05 $37,122,257.23
Jun 1 2039 0.00000000% $0.00 $2,568,593,215.28 $2,571,025,191.77 -$2,431,976.49
Dec 1 2039 0.00000000% $0.00 $2,568,593,215.28 $2,610,579,425.49 -$41,986,210.21
Jun 1 2040 0.00000000% $0.00 $2,568,593,215.28 $2,650,133,659.21 -$81,540,443.93
Jun 13 2040 9.20522065% $121,094,677.65 $2,689,687,892.93 $2,689,687,892.93 $0.00
TOTALS $2,689,687,892.93 $2,689,687,892.93 $2,689,687,892.93 $0.00

“Equity Portion of Termination Amount” in respect of any determination of Termination Amount or

amount determined by reference to Termination Amount payable pursuant to the Operative Documents
as of a particular date, means an amount equal to the excess, if any, of
(a) the Termination Amount set forth opposite the Termination Date corresponding to such date
of determination on Schedule 2 of the Facility Lease over
(b) the principal and accrued interest on the Notes scheduled (in accordance with the payment
terms of the Notes) to be outstanding on such date of determination after application of any Basic
Rent payable on such Termination Date.
TABLE 6: Equity Portion of Termination Amount

[A] [B] [D]
Stated Termination Debt Balance after Equity Portion of
Semi-Annual Amount Expressed giving effect to Termination Amount
Date in Dollars scheduled rent [A] minus [B]
Dec 1 2007 $1,331,764,233.03 $1,135,300,000 $196,464,233.03
Jun 1 2008 $1,332,243,150.46 $1,135,300,000 $196,943,150.46
Dec 1 2008 $1,342,493,257.98 $1,135,300,000 $207,193,257.98
Jun 1 2009 $1,340,875,767.67 $1,125,950,000 $214,925,767.67
Dec 1 2009 $1,349,976,358.36 $1,125,950,000 $224,026,358.36
Jun 1 2010 $1,346,487,814.21 $1,113,850,000 $232,637,814.21
Dec 1 2010 $1,354,619,356.05 $1,113,850,000 $240,769,356.05
Jun 1 2011 $1,349,323,937.46 $1,100,900,000 $248,423,937.46
Dec 1 2011 $1,356,538,018.01 $1,100,900,000 $255,638,018.01
Jun 1 2012 $1,312,490,976.90 $1,050,150,000 $262,340,976.90
Dec 1 2012 $1,318,840,895.54 $1,050,150,000 $268,690,895.54
Jun 1 2013 $1,263,221,082.41 $988,700,000 $274,521,082.41
Dec 1 2013 $1,268,763,871.34 $988,700,000 $280,063,871.34
Jun 1 2014 $1,207,996,456.94 $922,850,000 $285,146,456.94
Dec 1 2014 $1,212,796,227.26 $922,850,000 $289,946,227.26
Jun 1 2015 $1,146,634,854.34 $852,350,000 $294,284,854.34
Dec 1 2015 $1,150,743,302.17 $852,350,000 $298,393,302.17
Jun 1 2016 $1,090,651,486.96 $789,050,000 $301,601,486.96
Dec 1 2016 $1,094,063,853.07 $789,050,000 $305,013,853.07
Jun 1 2017 $1,077,206,057.56 $769,200,000 $308,006,057.56
Dec 1 2017 $1,079,935,611.86 $769,200,000 $310,735,611.86
Jun 1 2018 $1,037,165,915.04 $724,150,000 $313,015,915.04
Dec 1 2018 $1,039,415,654.92 $724,150,000 $315,265,654.92
Jun 1 2019 $994,386,070.23 $677,150,000 $317,236,070.23
Dec 1 2019 $996,372,610.27 $677,150,000 $319,222,610.27
Jun 1 2020 $975,584,965.98 $654,600,000 $320,984,965.98
Dec 1 2020 $977,384,181.62 $654,600,000 $322,784,181.62
Jun 1 2021 $929,688,193.43 $605,350,000 $324,338,193.43
Dec 1 2021 $931,351,222.78 $605,350,000 $326,001,222.78

Jun 1 2022 $881,418,056.35 $553,950,000 $327,468,056.35

Dec 1 2022 $883,010,290.37 $553,950,000 $329,060,290.37
Jun 1 2023 $858,726,779.73 $528,200,000 $330,526,779.73
Dec 1 2023 $860,321,689.71 $528,200,000 $332,121,689.71
Jun 1 2024 $807,776,081.39 $474,200,000 $333,576,081.39
Dec 1 2024 $809,457,040.57 $474,200,000 $335,257,040.57
Jun 1 2025 $754,667,301.19 $417,800,000 $336,867,301.19
Dec 1 2025 $756,536,895.97 $417,800,000 $338,736,895.97
Jun 1 2026 $728,981,795.99 $388,350,000 $340,631,795.99
Dec 1 2026 $731,155,247.65 $388,350,000 $342,805,247.65
Jun 1 2027 $671,243,810.18 $326,150,000 $345,093,810.18
Dec 1 2027 $673,932,952.03 $326,150,000 $347,782,952.03
Jun 1 2028 $611,711,460.36 $261,000,000 $350,711,460.36
Dec 1 2028 $615,201,487.39 $261,000,000 $354,201,487.39
Jun 1 2029 $590,014,528.32 $231,900,000 $358,114,528.32
Dec 1 2029 $594,546,261.23 $231,900,000 $362,646,261.23
Jun 1 2030 $530,837,065.32 $163,100,000 $367,737,065.32
Dec 1 2030 $537,295,057.52 $163,100,000 $374,195,057.52
Jun 1 2031 $486,664,544.70 $111,050,000 $375,614,544.70
Dec 1 2031 $477,523,687.21 $93,250,000 $384,273,687.21
Jun 1 2032 $447,243,788.93 $66,650,000 $380,593,788.93
Dec 1 2032 $457,968,498.64 $66,650,000 $391,318,498.64
Jun 1 2033 $387,947,406.44 $1,300,000 $386,647,406.44
Dec 1 2033 $400,818,657.44 $1,300,000 $399,518,657.44
Jun 1 203415 $365,621,640.73 $365,621,640.73
Dec 1 2034 $378,624,940.22 $378,624,940.22
Jun 1 2035 $338,774,917.72 $338,774,917.72
Dec 1 2035 $351,343,009.32 $351,343,009.32
Jun 1 2036 $299,569,582.26 $299,569,582.26
Dec 1 2036 $310,827,204.07 $310,827,204.07
Jun 1 2037 $318,592,005.54 $318,592,005.54
Dec 1 2037 $332,729,559.66 $332,729,559.66
Jun 1 2038 $348,530,750.39 $348,530,750.39
Dec 1 2038 $342,744,278.65 $342,744,278.65
Jun 1 2039 $360,755,958.71 $360,755,958.71
Dec 1 2039 $380,894,833.94 $380,894,833.94
Jun 1 2040 $403,302,609.03 $403,302,609.03
Jun 13 2040 $282,807,318.97 $282,807,318.97
15

TABLE 7: Fixed Ancillary Facilities Rent

Ancillary Ancillary
Start Date Facilities Rent Start Date Facilities Rent
07/10/07 to 07/09/08 $ 9,046,641.51 07/10/29 to 07/09/30 $ 7,194,223.50
07/10/08 to 07/09/09 $ 9,042,722.13 07/10/30 to 07/09/31 $ 7,041,702.83
07/10/09 to 07/09/10 $ 9,032,396.88 07/10/31 to 07/09/32 $ 6,886,716.57
07/10/10 to 07/09/11 $ 9,013,311.17 07/10/32 to 07/09/33 $ 6,717,930.85
07/10/11 to 07/09/12 $ 8,988,008.52 07/10/33 to 07/09/34 $ 6,563,721.95
07/10/12 to 07/09/13 $ 8,955,047.34 07/10/34 to 07/09/35 $ 6,409,364.28
07/10/13 to 07/09/14 $ 8,914,237.71 07/10/35 to 07/09/36 $ 6,255,258.64
07/10/14 to 07/09/15 $ 8,859,796.97 07/10/36 to 07/09/37 $ 6,093,593.30
07/10/15 to 07/09/16 $ 8,802,285.00 07/10/37 to 07/09/38 $ 5,946,593.42
07/10/16 to 07/09/17 $ 8,736,866.48 07/10/38 to 07/09/39 $ 5,801,167.19
07/10/17 to 07/09/18 $ 8,655,214.13 07/10/39 to 07/09/40 $ 5,652,726.31
07/10/18 to 07/09/19 $ 8,573,901.06 07/10/40 to 07/09/41 $ 5,517,766.69
07/10/19 to 07/09/20 $ 8,485,197.86 07/10/41 to 07/09/42 $ 5,385,021.15
07/10/20 to 07/09/21 $ 8,389,287.15 07/10/42 to 07/09/43 $ 5,254,096.11
07/10/21 to 07/09/22 $ 8,275,863.81 07/10/43 to 07/09/44 $ 5,125,785.56
07/10/22 to 07/09/23 $ 8,166,043.37 07/10/44 to 07/09/45 $ 5,007,656.27
07/10/23 to 07/09/24 $ 8,049,221.76 07/10/45 to 07/09/46 $ 4,890,956.83
07/10/24 to 07/09/25 $ 7,925,416.21 07/10/46 to 07/09/47 $ 4,773,847.93
07/10/25 to 07/09/26 $ 7,782,320.54 07/10/47 to 07/09/48 $ 4,666,242.07
07/10/26 to 07/09/27 $ 7,645,997.08 07/10/48 to 07/09/49 $ 4,562,591.33
07/10/27 to 07/09/28 $ 7,504,049.34 07/10/49 to 07/10/50 $ 4,445,356.80
07/10/28 to 07/09/29 $ 7,343,598.60

TABLE 8: NPV OF EQUITY RENTS AND RESIDUAL

[A] Payment Date [B] Equity Rent [C] Residual Date [D] Residual Amount
Jun 1 2017 $167,269.88 Jun 1 2017 $0.00
Dec 1 2017 $39,109.99 Dec 1 2017 $0.00
Jun 1 2018 $212,873.31 Jun 1 2018 $0.00
Dec 1 2018 $36,819.49 Dec 1 2018 $0.00
Jun 1 2019 $185,502.39 Jun 1 2019 $0.00
Dec 1 2019 $34,429.77 Dec 1 2019 $0.00
Jun 1 2020 $177,168.63 Jun 1 2020 $0.00
Dec 1 2020 $33,283.13 Dec 1 2020 $0.00
Jun 1 2021 $222,705.38 Jun 1 2021 $0.00
Dec 1 2021 $30,779.07 Dec 1 2021 $0.00
Jun 1 2022 $198,188.19 Jun 1 2022 $0.00
Dec 1 2022 $28,165.58 Dec 1 2022 $0.00
Jun 1 2023 $153,993.88 Jun 1 2023 $0.00
Dec 1 2023 $26,856.39 Dec 1 2023 $0.00
Jun 1 2024 $208,630.75 Jun 1 2024 $0.00
Dec 1 2024 $24,110.68 Dec 1 2024 $0.00
Jun 1 2025 $180,351.88 Jun 1 2025 $0.00
Dec 1 2025 $21,243.09 Dec 1 2025 $0.00
Jun 1 2026 $129,659.07 Jun 1 2026 $0.00
Dec 1 2026 $19,745.64 Dec 1 2026 $0.00
Jun 1 2027 $112,083.17 Jun 1 2027 $0.00
Dec 1 2027 $16,583.14 Dec 1 2027 $0.00
Jun 1 2028 $113,300.04 Jun 1 2028 $0.00
Dec 1 2028 $13,270.54 Dec 1 2028 $0.00
Jun 1 2029 $56,470.26 Jun 1 2029 $0.00
Dec 1 2029 $11,790.97 Dec 1 2029 $0.00
Jun 1 2030 $113,926.40 Jun 1 2030 $0.00
Dec 1 2030 $8,292.76 Dec 1 2030 $0.00
Jun 1 2031 $6,250,376.87 Jun 1 2031 $0.00
Dec 1 2031 $32,070.98 Dec 1 2031 $0.00
Jun 1 2032 $13,730,540.43 Jun 1 2032 $0.00
Dec 1 2032 $3,388.78 Dec 1 2032 $0.00
Jun 1 2033 $16,921,615.65 Jun 1 2033 $0.00
Dec 1 2033 $66.11 Dec 1 2033 $0.00
Jun 1 2034 $48,424,476.44 Jun 1 2034 $0.00
Dec 1 2034 $0.00 Dec 1 2034 $0.00

Jun 1 2035 $54,460,932.80 Jun 1 2035 $0.00

Dec 1 2035 $0.00 Dec 1 2035 $0.00
Jun 1 2036 $65,866,539.07 Jun 1 2036 $0.00
Dec 1 2036 $0.00 Dec 1 2036 $0.00
Jun 1 2037 $4,977,411.31 Jun 1 2037 $0.00
Dec 1 2037 $0.00 Dec 1 2037 $0.00
Jun 1 2038 $0.00 Jun 1 2038 $0.00
Dec 1 2038 $23,544,945.29 Dec 1 2038 $0.00
Jun 1 2039 $0.00 Jun 1 2039 $0.00
Dec 1 2039 $0.00 Dec 1 2039 $0.00
Jun 1 2040 $0.00 Jun 1 2040 $0.00
Jun 13 2040 $121,094,677.65 Jun 13 2040 $263,100,000
TOTAL $357,883,644.85 TOTAL $263,100,000
NPV NPV
NOTE: Net present value (“NPV”) is the amount discounted semiannually at 3.425%
(50% of the PTC rate) to December 1, 2016.

DOCUMENT DESCRIPTIONS OF LEASE SCHEDULES
SCHEDULE 1-A: Basic (Cash)/Periodic Rent
Section 3.2(a): The Lessee hereby agrees to pay to the Lessor rent (“Basic Rent”) for the lease of
the Facility during the Basic Term on each Rent Payment Date in an amount equal to the Purchase
Price multiplied by the percentage of the Purchase Price specified in Schedule 1-A for such Rent
Payment Date. All Basic Rent payable pursuant to this Section 3.2 shall be payable in the manner
set forth in Section 3.5 and shall be adjusted from time to time in accordance with Section 3.4.
Renewal Rent shall be paid in accordance with Section 15.3 hereof. The terms “Basic Rent”,
“Renewal Rent” and “Periodic Rent” are intended to constitute “fixed rent” (as such term is
defined in Treasury Regulations Section 1.467-1(h)(3)).16
SCHEDULE 1-B: Allocated Rents
Section 3.2(b): The Basic Rent allocated to each period specified on Schedule 1-B (a “Rent Payment
Period”) for the use by the Lessee of the Undivided Interest shall be the amount set forth in
Schedule 1-B hereof (the “Allocated Rent”). Notwithstanding that Periodic Rent is payable in
accordance with Section 3.2(a), the Allocated Rent calculated pursuant to this Section 3.2(b) shall
represent and be the amount of Periodic Rent for which the Lessee becomes liable for U.S. federal
income Tax purposes on account of the use of the Undivided Interest for each calendar year
included in whole or in part in the Lease Term. The Allocated Rent is intended to constitute a
specific allocation of fixed rent within the meaning of Treasury Regulations Section 1.467-
1(c)(2)(ii)(A)(1) and (2).
Section 3.2(c): It is the belief and intention of the Lessor and the Lessee that
(i) the Facility Lease does not constitute a “disqualified leaseback or long-term
agreement” within the meaning of Section 467(b)(4) of the Code and Treasury
Regulations Section 1.467-3(b) and
(ii) the Facility Lease provides “adequate interest on fixed rents” by reason of providing
for stated interest at a fixed rate of 5.60% per annum (a rate not lower than the applicable
Federal rate) within the meaning of Treasury Regulations Section 1.467-2(b).
Accordingly, the fixed rent for each Rent Payment Period will be the Allocated Rent. The Allocated
Rent shall be adjusted from time to time in accordance with Section 3.4. Each of the Lessor and
the Lessee hereby agree that for U.S. federal, state and local income tax purposes, it will treat the
Allocated Rent for each Rent Payment Period as the proper amount of rent to be accrued and, in
16
Fixed rent means any rent to the extent its amount and the time at which it is required to be paid are
fixed and determinable under the terms of the rental agreement as of the lease date.

the case of the Lessor, included in gross income and, in the case of the Lessee, deducted from
gross income.
SCHEDULE 1-C: Section 467 Loan Mechanics
Section 3.2(c): Because there is a difference from time to time during the Lease Term between
the amount of fixed rent payable on the first day of a Rent Payment Period and the amount of
fixed rent that is accrued as of that day under clause (d) (as provided in the applicable Treasury
Regulations), for U.S. federal, state and local income tax purposes, there will be a loan which is
deemed to be created under Section 467 of the Code and the Treasury Regulations thereunder
(“Section 467 Loan”) between the Lessor and the Lessee. The amount of such Section 467 Loan
on each Rent Payment Date (the “467 Loan Principal Balance”), and the amount of interest as
determined under Section 467 of the Code and the Treasury Regulations thereunder (“Section
467 Interest”) accrued in respect of such Loan during each Rent Payment Period, shall be the
amounts set forth in Schedule 1-C hereto as adjusted from time to time in accordance with Section
3.4. Each of the Lessor and the Lessee hereby agrees that for U.S. federal, state and local income
tax purposes,
(i) it will treat the Section 467 Loan as a loan,
(ii) if the 467 Loan Principal Balance is negative within the meaning of Treasury
Regulations Section 1.467-4(a), such 467 Loan Principal Balance (the “Lessor 467 Loan
Principal Balance”) shall be treated as a loan from the Lessee to the Lessor and
(iii) if the 467 Loan Principal Balance is positive within the meaning of Treasury
Regulations Section 1.467-4(a), such 467 Loan Principal Balance (the “Lessee 467 Loan
Principal Balance”) shall be treated as a loan from the Lessor to the Lessee.
In any Rent Payment Period in which there is a Lessor 467 Loan Principal Balance, the Lessor shall
accrue and deduct interest expense, and the Lessee shall accrue and take into income interest
income, in each case in an amount equal to the amount set forth for such Rent Payment Period
on Schedule 1-C (the “Lessor 467 Loan Interest”) and in any Rent Payment Period in which there
is a Lessee 467 Loan Principal Balance, the Lessor shall accrue and take into income the interest
income and the Lessee shall accrue and deduct interest expense, in each case in an amount equal
to the amount set forth for such Rent Payment Period on Schedule 1-C (the “Lessee 467 Loan
Interest”), as adjusted from time to time in accordance with Section 3.4. In no event shall any
principal or interest on any Section 467 Loan be separately payable as such, it being agreed and
understood that these items represent characterizations for income tax purposes only and that
all Section 467 Loan principal and interest is already included as part of or as an offset to the Basic
Rent, PVRR Amounts and Termination Amounts set forth on Schedule 1-A and Schedule 2, as
applicable, and no additional amount is payable and no further adjustment shall be made to
reflect any principal or interest on any Section 467 Loan.
SCHEDULE 2: Termination Amount

“Termination Amounts” with respect to the Facility Lease and each Termination Date, means the
amounts equal to the Purchase Price multiplied by the percentage of the Purchase Price specified
on Schedule 2 to the Facility Lease as the corresponding “Termination Amount” plus the Special
Event Amount unless the Termination Amount is being paid pursuant to Section 10.3 or 17 of the
Facility Lease.
“Termination Date” with respect to the Facility Lease, means each of the monthly dates during
the Lease Term identified as a “Termination Date” on Schedule 2 of the Facility Lease.
SCHEDULE 3: Calculation of Premium
“Remaining Weighted Average Life” for purposes of determining the Special Event Amount, on a
given Termination Date shall be the number of days equal to the quotient obtained by dividing
(a) the sum of each of the products obtained by multiplying
(i) each amount set forth in Column 2 of Schedule 3 to the Facility Lease
corresponding to the dates in the Date column that are after the Termination
Date by
(ii) the number of days from and including such Termination Date to but excluding
the date of each such amount, by
(b) the sum of all amounts set forth in Column 2 of Schedule 3 to the Facility Lease
corresponding to the dates in the Date column that are after the Termination Date.
“Special Event Amount” means, with respect to any Termination Date, an amount (as determined
by an independent investment bank of national standing) equal to the excess, if any, of
(a) the present value of the amounts in Column 1 of Schedule 3 to the Facility Lease
corresponding to the dates in the Date column that are after the Termination Date,
computed by discounting such amounts on a semiannual basis on each such date
(assuming a 360-day year of twelve 30-day months) using a discount rate equal to the
Treasury Yield plus 35 basis points over
(b) the sum of
(i) the sum of all amounts set forth in Column 2 of Schedule 3 to the Facility Lease
corresponding to the dates in the Date column that are after the Termination
Date and
(ii) the product of
(x) the amount by which the amount in Column 1 of Schedule 3 to the

Facility Lease corresponding to the date in the Date column following the
Termination Date exceeds the amount in Column 2 of Schedule 3 to the
Facility Lease corresponding to the date in the Date column following the
Termination Date and

(y) the number of days (measured assuming a 360-day year of twelve 30-
day months) from and including the date in the Date column preceding
the Termination Date to but excluding the Termination Date
divided by
(A) number of days between the Closing and December 1, 2007, if the
Termination Date occurs on or before 12/1/2007, or
(B) 180, if the Termination Date occurs after December 1, 2007.
The date of determination of a Special Event Amount shall be the third Business Day prior to the
applicable Termination Date.
SCHEDULE 4: Amounts Used in the Calculation of Termination Amounts and PVRR Amounts

SCHEDULE 1-A: {Periodic}Rent Payment

Rent Calculated
Payment Date Basic Rent Cash Rent in $s17
Dec 1 2016 2.05739884% $27,065,081.74
Jun 1 2017 3.57599638% $47,042,232.38
Dec 1 2017 2.00564120% $26,384,209.99
Jun 1 2018 5.44340352% $71,607,973.31
Dec 1 2018 1.88817613% $24,838,956.99
Jun 1 2019 5.47226453% $71,987,639.89
Dec 1 2019 1.76562655% $23,226,817.27
Jun 1 2020 3.49065421% $45,919,556.13
Dec 1 2020 1.70682882% $22,453,333.13
Jun 1 2021 5.46505172% $71,892,755.38
Dec 1 2021 1.57841251% $20,764,016.57
Jun 1 2022 5.49839800% $72,331,425.69
Dec 1 2022 1.44439020% $19,000,953.08
Jun 1 2023 3.41138589% $44,876,781.38
Dec 1 2023 1.37724868% $18,117,706.39
Jun 1 2024 5.49596965% $72,299,480.75
Dec 1 2024 1.23644703% $16,265,460.68
Jun 1 2025 5.53566719% $72,821,701.88
Dec 1 2025 1.08938754% $14,330,893.09
Jun 1 2026 3.33632148% $43,889,309.07
Dec 1 2026 1.01259849% $13,320,733.14
Jun 1 2027 5.74785790% $75,613,070.67
Dec 1 2027 0.85041586% $11,187,220.64
Jun 1 2028 5.81025751% $76,433,937.54
Dec 1 2028 0.68054128% $8,952,520.54
Jun 1 2029 2.89591184% $38,095,720.26
Dec 1 2029 0.60466484% $7,954,365.97
Jun 1 2030 5.84237943% $76,856,501.40
Dec 1 2030 0.42527311% $5,594,467.76
Jun 1 2031 4.85644636% $63,886,551.87
Dec 1 2031 1.64466237% $21,635,533.48
Jun 1 2032 3.30857871% $43,524,352.93
Dec 1 2032 0.17378573% $2,286,151.28
Jun 1 2033 6.42754680% $84,554,378.15
Dec 1 2033 0.00338967% $44,591.11
Jun 1 2034 3.78327643% $49,769,001.44
Dec 1 2034 0.00000000% $0.00
Jun 1 2035 4.13994168% $54,460,932.80
17
As % of $1,315,500,000.00

Dec 1 2035 0.00000000% $0.00

Jun 1 2036 5.00695850% $65,866,539.07
Dec 1 2036 0.00000000% $0.00
Jun 1 2037 0.37836650% $4,977,411.31
Dec 1 2037 0.00000000% $0.00
Jun 1 2038 0.00000000% $0.00
Dec 1 2038 1.78980960% $23,544,945.29
Jun 1 2039 0.00000000% $0.00
Dec 1 2039 0.00000000% $0.00
Jun 1 2040 0.00000000% $0.00
Jun 13 2040 9.20522065% $121,094,677.65
TOTAL CASH RENT from 12/1/16 $1,676,769,889.09

SCHEDULE 1-B: ALLOCATED RENT

RENT PAYMENT PERIOD
From and To and Allocated Dollar Equivalent
Including Excluding Rent ($1,315,500,000)
Jul 13 2007 Oct 13 2007 0.00000000% $0.00
Oct 13 2007 Dec 1 2007 1.40499136% $18,482,661.34
Dec 1 2007 Jun 1 2008 0.00000000% $0.00
Jun 1 2008 Dec 1 2008 6.48457549% $85,304,590.57
Dec 1 2008 Jun 1 2009 0.00000000% $0.00
Jun 1 2009 Dec 1 2009 6.48457549% $85,304,590.57
Dec 1 2009 Jun 1 2010 0.00000000% $0.00
Jun 1 2010 Dec 1 2010 6.48457549% $85,304,590.57
Dec 1 2010 Jun 1 2011 0.00000000% $0.00
Jun 1 2011 Dec 1 2011 6.48457549% $85,304,590.57
Dec 1 2011 Jun 1 2012 0.00000000% $0.00
Jun 1 2012 Dec 1 2012 6.48457549% $85,304,590.57
Dec 1 2012 Jun 1 2013 0.00000000% $0.00
Jun 1 2013 Dec 1 2013 6.48457549% $85,304,590.57
Dec 1 2013 Jun 1 2014 0.00000000% $0.00
Jun 1 2014 Dec 1 2014 6.48457549% $85,304,590.57
Dec 1 2014 Jun 1 2015 0.00000000% $0.00
Jun 1 2015 Dec 1 2015 5.39660608% $70,992,352.98
Dec 1 2015 Jun 1 2016 6.52781645% $85,873,425.40
Jun 1 2016 Dec 1 2016 0.00000000% $0.00
Dec 1 2016 Jun 1 2017 6.26837067% $82,460,416.16
Jun 1 2017 Dec 1 2017 0.00000000% $0.00
Dec 1 2017 Jun 1 2018 7.56559957% $99,525,462.34
Jun 1 2018 Dec 1 2018 0.00000000% $0.00
Dec 1 2018 Jun 1 2019 7.92559226% $104,261,166.18
Jun 1 2019 Dec 1 2019 0.00000000% $0.00
Dec 1 2019 Jun 1 2020 7.92559226% $104,261,166.18
Jun 1 2020 Dec 1 2020 0.00000000% $0.00
Dec 1 2020 Jun 1 2021 7.92559226% $104,261,166.18
Jun 1 2021 Dec 1 2021 0.00000000% $0.00
Dec 1 2021 Jun 1 2022 7.92559226% $104,261,166.18
Jun 1 2022 Dec 1 2022 0.00000000% $0.00
Dec 1 2022 Jun 1 2023 7.92559227% $104,261,166.31
Jun 1 2023 Dec 1 2023 0.00000000% $0.00
Dec 1 2023 Jun 1 2024 7.92559221% $104,261,165.52
Jun 1 2024 Dec 1 2024 0.00000000% $0.00
Dec 1 2024 Jun 1 2025 7.92559252% $104,261,169.60
Jun 1 2025 Dec 1 2025 0.00000000% $0.00

Dec 1 2025 Jun 1 2026 7.92559097% $104,261,149.21

Jun 1 2026 Dec 1 2026 0.00000000% $0.00
Dec 1 2026 Jun 1 2027 7.92559873% $104,261,251.29
Jun 1 2027 Dec 1 2027 0.00000000% $0.00
Dec 1 2027 Jun 1 2028 7.92555994% $104,260,741.01
Jun 1 2028 Dec 1 2028 0.00000000% $0.00
Dec 1 2028 Jun 1 2029 7.92575387% $104,263,292.16
Jun 1 2029 Dec 1 2029 0.00000000% $0.00
Dec 1 2029 Jun 1 2030 7.92478421% $104,250,536.28
Jun 1 2030 Dec 1 2030 0.00000000% $0.00
Dec 1 2030 Jun 1 2031 7.92963252% $104,314,315.80
Jun 1 2031 Dec 1 2031 0.00000000% $0.00
Dec 1 2031 Jun 1 2032 7.90539097% $103,995,418.21
Jun 1 2032 Dec 1 2032 0.00000000% $0.00
Dec 1 2032 Jun 1 2033 8.02659874% $105,589,906.42
Jun 1 2033 Dec 1 2033 0.00000000% $0.00
Dec 1 2033 Jun 1 2034 7.42055987% $97,617,465.09
Jun 1 2034 Dec 1 2034 0.00000000% $0.00
Dec 1 2034 Jun 1 2035 6.48665055% $85,331,887.99
Jun 1 2035 Dec 1 2035 0.00000000% $0.00
Dec 1 2035 Jun 1 2036 6.47420017% $85,168,103.24
Jun 1 2036 Dec 1 2036 0.00000000% $0.00
Dec 1 2036 Jun 1 2037 6.53645209% $85,987,027.24
Jun 1 2037 Dec 1 2037 0.00000000% $0.00
Dec 1 2037 Jun 1 2038 6.22519247% $81,892,406.94
Jun 1 2038 Dec 1 2038 0.00000000% $0.00
Dec 1 2038 Jun 1 2039 7.78149059% $102,365,508.71
Jun 1 2039 Dec 1 2039 0.00000000% $0.00
Dec 1 2039 Jun 1 2040 0.00000000% $0.00
Jun 1 2040 Jun 13 2040 2.91805897% $38,387,065.75
NUMBER OF PERIODS: 68 TOTAL: $3,096,240,693.74
Schedule 1-B allocates rent semi-annually based on periodic rent payment dates. Compliance with the
allocated rent requirements under the section 467 requirements requires compliance with the 90-110%
requirement based on average annual allocated rent. The following schedule shows (subject to minor
rounding errors) that Schedule 1-B in fact complies with the 90%-110% boundary requirements an on
annualized basis.
[SCHEDULE 1-B: Rent Test Assumptions] {NOT IN ORIGINAL]

Start Date 10/13/2007
End Date 6/13/2040
Term in Years 32.66666667
Average Annual Allocated Rent $ 94,782,878.38
90% Bound $ 85,304,590.54
110% Bound $ 104,261,166.22

Annualized
Year End Annual Allocated Allocated
12/31/2007 $18,482,661.34 $85,304,590.80 pass

12/31/2008 $85,304,590.57 $85,304,590.57 pass
12/31/2009 $85,304,590.57 $85,304,590.57 pass
12/31/2010 $85,304,590.57 $85,304,590.57 pass
12/31/2011 $85,304,590.57 $85,304,590.57 pass
12/31/2012 $85,304,590.57 $85,304,590.57 pass
12/31/2013 $85,304,590.57 $85,304,590.57 pass
12/31/2014 $85,304,590.57 $85,304,590.57 pass
12/31/2015 $85,304,590.55 $85,304,590.55 pass
12/31/2016 $85,304,590.53 $85,304,590.53 ($0.01)
12/31/2017 $85,304,590.52 $85,304,590.52 ($0.02)
12/31/2018 $100,314,746.31 $100,314,746.31 pass
12/31/2019 $104,261,166.18 $104,261,166.18 pass
12/31/2020 $104,261,166.18 $104,261,166.18 pass
12/31/2021 $104,261,166.18 $104,261,166.18 pass
12/31/2022 $104,261,166.20 $104,261,166.20 pass
12/31/2023 $104,261,166.18 $104,261,166.18 pass
12/31/2024 $104,261,166.20 $104,261,166.20 pass
12/31/2025 $104,261,166.20 $104,261,166.20 pass
12/31/2026 $104,261,166.22 $104,261,166.22 $0.01
12/31/2027 $104,261,166.24 $104,261,166.24 $0.03
12/31/2028 $104,261,166.20 $104,261,166.20 pass
12/31/2029 $104,261,166.18 $104,261,166.18 pass
12/31/2030 $104,261,166.20 $104,261,166.20 pass
12/31/2031 $104,261,166.20 $104,261,166.20 pass
12/31/2032 $104,261,166.25 $104,261,166.25 $0.03
12/31/2033 $104,261,166.20 $104,261,166.20 pass
12/31/2034 $95,569,868.91 $95,569,868.91 pass
12/31/2035 $85,304,590.53 $85,304,590.53 ($0.01)
12/31/2036 $85,304,590.57 $85,304,590.57 pass
12/31/2037 $85,304,590.52 $85,304,590.52 ($0.02)
12/31/2038 $85,304,590.57 $85,304,590.57 pass
12/31/2039 $85,304,590.59 $85,304,590.59 pass
12/31/2040 $38,387,065.75 $85,304,590.56

SCHEDULE 1-C: Section 467 Loan Principal Balance; Section 467 Interest
Calculated 467 Calculated Section

Rent 467 Loan Loan Balance in Section 467 467 Interest in $s
Payment Date Principal Balance Dollars Interest
Jul 13 2007 0.00000000% $0.00 0.00000000% $0.00
Oct 13 2007 0.00000000% $0.00 0.00000000% $0.00
Dec 1 2007 1.97734850% $26,012,019.52 0.00000000% $0.00
Jun 1 2008 5.83716977% $76,787,968.32 0.05536576% $728,336.57
Dec 1 2008 2.47625924% $32,575,190.30 0.16344075% $2,150,063.07
Jun 1 2009 6.37442956% $83,855,620.86 0.06933526% $912,105.35
Dec 1 2009 3.00418276% $39,520,024.21 0.17848403% $2,347,957.41
Jun 1 2010 6.94868493% $91,409,950.25 0.08411712% $1,106,560.71
Dec 1 2010 3.56296728% $46,870,834.57 0.19456318% $2,559,478.63
Jun 1 2011 7.55688174% $99,410,779.29 0.09976308% $1,312,383.32
Dec 1 2011 4.15442728% $54,651,490.87 0.21159269% $2,783,501.84
Jun 1 2012 11.00919628% $144,825,977.06 0.11632396% $1,530,241.69
Dec 1 2012 7.57107916% $99,597,546.35 0.30825750% $4,055,127.41
Jun 1 2013 15.20509556% $200,023,032.09 0.21199022% $2,788,731.34
Dec 1 2013 11.72423656% $154,232,331.95 0.42574268% $5,600,644.96
Jun 1 2014 19.64624116% $258,446,302.46 0.32827862% $4,318,505.25
Dec 1 2014 16.11803445% $212,032,743.19 0.55009475% $7,236,496.44
Jun 1 2015 24.34688976% $320,283,334.79 0.45130496% $5,936,916.75
Dec 1 2015 21.85444625% $287,495,240.42 0.68171291% $8,967,933.33
Jun 1 2016 23.01955767% $302,822,281.15 0.61192449% $8,049,866.67
Dec 1 2016 25.72150412% $338,366,386.70 0.64454761% $8,479,023.81
Jun 1 2017 23.74933194% $312,422,461.67 0.72020212% $9,474,258.89
Dec 1 2017 26.41995444% $347,554,500.66 0.66498129% $8,747,828.87
Jun 1 2018 25.03751711% $329,368,537.58 0.73975872% $9,731,525.96
Dec 1 2018 27.62674372% $363,429,813.64 0.70105048% $9,222,319.06
Jun 1 2019 25.94696481% $341,332,322.08 0.77354882% $10,176,034.73
Dec 1 2019 28.43910637% $374,116,444.30 0.72651501% $9,557,304.96
Jun 1 2020 24.80046330% $326,250,094.71 0.79629498% $10,475,260.46
Dec 1 2020 27.20170510% $357,838,430.59 0.69441297% $9,135,002.62
Jun 1 2021 25.50281229% $335,489,495.67 0.76164774% $10,019,476.02
Dec 1 2021 27.79530355% $365,647,218.20 0.71407874% $9,393,705.82
Jun 1 2022 26.14637778% $343,955,599.70 0.77826850% $10,238,122.12
Dec 1 2022 28.32286656% $372,587,309.60 0.73209858% $9,630,756.82
Jun 1 2023 24.60170044% $323,635,369.29 0.79304026% $10,432,444.62
Dec 1 2023 26.66779673% $350,814,865.98 0.68884761% $9,061,790.31
Jun 1 2024 24.9848724823% $328,675,997.50 0.7466983084% $9,822,816.25
Dec 1 2024 26.9208959447% $354,144,386.15 0.6995764295% $9,202,927.93
Jun 1 2025 25.2847556996% $332,620,961.23 0.7537850865% $9,916,042.81
Dec 1 2025 27.0821163968% $356,265,241.20 0.7079731596% $9,313,386.91

Jun 1 2026 23.2511461708% $305,868,827.88 0.7582992591% $9,975,426.75

Dec 1 2026 24.9147767562% $327,753,888.23 0.6510320928% $8,564,327.18
Jun 1 2027 23.4346496824% $308,282,816.57 0.6976137492% $9,177,108.87
Dec 1 2027 24.9412357313% $328,101,956.05 0.6561701911% $8,631,918.86
Jun 1 2028 23.5242878994% $309,462,007.32 0.6983546005% $9,186,854.77
Dec 1 2028 24.8635092419% $327,079,464.08 0.6586800612% $8,664,936.21
Jun 1 2029 20.5298454695% $270,070,117.15 0.6961782588% $9,158,224.99
Dec 1 2029 21.7093459822% $285,586,446.40 0.5748356731% $7,561,963.28
Jun 1 2030 20.2348028887% $266,188,832.00 0.6078616875% $7,996,420.50
Dec 1 2030 21.2266504844% $279,236,587.12 0.5665744809% $7,453,287.30
Jun 1 2031 18.7478105389% $246,627,447.64 0.5943462136% $7,818,624.44
Dec 1 2031 20.9174115993% $275,168,549.59 0.5249386951% $6,905,568.53
Jun 1 2032 16.9062868667% $222,402,203.73 0.5856875248% $7,704,719.39
Dec 1 2032 17.5534486323% $230,915,616.76 0.4733760323% $6,227,261.70
Jun 1 2033 16.4458932518% $216,345,725.73 0.4914965617% $6,465,637.27
Dec 1 2033 16.9097679320% $222,447,997.15 0.4604850110% $6,057,680.32
Jun 1 2034 13.7459579943% $180,828,077.42 0.4734735021% $6,228,543.92
Dec 1 2034 14.1308448181% $185,891,263.58 0.3848868238% $5,063,186.17
Jun 1 2035 12.1797996012% $160,225,263.75 0.3956636549% $5,204,955.38
Dec 1 2035 12.5208339900% $164,711,571.14 0.3410343888% $4,486,307.38
Jun 1 2036 11.4041756749% $150,021,931.00 0.3505833517% $4,611,923.99
Dec 1 2036 11.7234925938% $154,222,545.07 0.3193169189% $4,200,614.07
Jun 1 2037 5.8936647948% $77,531,160.38 0.3282577926% $4,318,231.26
Dec 1 2037 6.0586874091% $79,702,032.87 0.1650226143% $2,170,872.49
Jun 1 2038 0.0031381884% $41,282.87 0.1696432475% $2,231,656.92
Dec 1 2038 1.7930356577% $23,587,384.08 0.0000878693% $1,155.92
Jun 1 2039 -5.9382499291% -$78,117,677.82 0.0502049984% $660,446.75
Dec 1 2039 -6.1045209271% -$80,304,972.80 -0.1662709980% -$2,187,294.98
Jun 1 2040 -6.2754475131% -$82,553,512.03 -0.1709265860% -$2,248,539.24
Jun 13 2040 0.0000000000% $0.00 -0.0117141687% -$154,099.89

SCHEDULE 2: Termination Amounts

Termination Amount
Termination Date Percentage Dollar Equivalent
Nov 1 2016 84.8517808983% $1,116,225,177.72
Dec 1 2016 83.1797957177% $1,094,230,212.67
Jan 1 2017 83.5624140794% $1,099,263,557.21
Feb 1 2017 83.9453442397% $1,104,301,003.47
Mar 1 2017 84.3285887039% $1,109,342,584.40
Apr 1 2017 84.7121500011% $1,114,388,333.26
May 1 2017 85.0929867024% $1,119,398,240.07
Jun 1 2017 81.8981264779% $1,077,369,853.82
Jul 1 2017 82.2678098139% $1,082,233,038.10
Aug 1 2017 82.6377743451% $1,087,099,921.51
Sep 1 2017 83.0080223653% $1,091,970,534.22
Oct 1 2017 83.3755122135% $1,096,804,863.17
Nov 1 2017 83.7432676975% $1,101,642,686.56
Dec 1 2017 82.1056498032% $1,080,099,823.16
Jan 1 2018 82.4708991633% $1,084,904,678.49
Feb 1 2018 82.8363982749% $1,089,712,819.31
Mar 1 2018 83.2021492155% $1,094,524,272.93
Apr 1 2018 83.5681540786% $1,099,339,066.90
May 1 2018 83.9326279266% $1,104,133,720.37
Jun 1 2018 78.8539432096% $1,037,323,622.92
Jul 1 2018 79.1974520620% $1,041,842,481.88
Aug 1 2018 79.5411961014% $1,046,364,434.71
Sep 1 2018 79.8851773111% $1,050,889,507.53
Oct 1 2018 80.2276106422% $1,055,394,218.00
Nov 1 2018 80.5702719569% $1,059,901,927.59
Dec 1 2018 79.0249870694% $1,039,573,704.90
Jan 1 2019 79.3663231358% $1,044,063,980.85
Feb 1 2019 79.7078798485% $1,048,557,159.41
Mar 1 2019 80.0496591001% $1,053,053,265.46
Apr 1 2019 80.3916628031% $1,057,552,324.17
May 1 2019 80.7325868730% $1,062,037,180.31
Jun 1 2019 75.6014650824% $994,537,273.16
Jul 1 2019 75.9210292299% $998,741,139.52
Aug 1 2019 76.2408056899% $1,002,947,798.85
Sep 1 2019 76.5607963138% $1,007,157,275.51
Oct 1 2019 76.8796969563% $1,011,352,413.46
Nov 1 2019 77.1988058605% $1,015,550,291.09
Dec 1 2019 75.7524983099% $996,524,115.27
Jan 1 2020 76.0707232317% $1,000,710,364.11

Feb 1 2020 76.3891523025% $1,004,899,298.54

Mar 1 2020 76.7077873313% $1,009,090,942.34
Apr 1 2020 77.0266301443% $1,013,285,319.55
May 1 2020 77.3445652735% $1,017,467,756.17
Jun 1 2020 74.1720494172% $975,733,310.08
Jul 1 2020 74.4793814373% $979,776,262.81
Aug 1 2020 74.7869113783% $983,821,819.18
Sep 1 2020 75.0946410239% $987,870,002.67
Oct 1 2020 75.4014548651% $991,906,138.75
Nov 1 2020 75.7084637707% $995,944,840.90
Dec 1 2020 74.3088406920% $977,532,799.30
Jan 1 2021 74.6151277538% $981,562,005.60
Feb 1 2021 74.9216069933% $985,593,740.00
Mar 1 2021 75.2282801736% $989,628,025.68
Apr 1 2021 75.5351490746% $993,664,886.08
May 1 2021 75.8413024186% $997,692,333.32
Jun 1 2021 70.6825966267% $929,829,558.62
Jul 1 2021 70.9667205816% $933,567,209.25
Aug 1 2021 71.2510332092% $937,307,341.87
Sep 1 2021 71.5355362712% $941,049,979.65
Oct 1 2021 71.8193184683% $944,783,134.45
Nov 1 2021 72.1032879236% $948,518,752.63
Dec 1 2021 70.8090338921% $931,492,840.85
Jan 1 2022 71.0924700933% $935,221,444.08
Feb 1 2022 71.3760921450% $938,952,492.17
Mar 1 2022 71.6599018111% $942,686,008.33
Apr 1 2022 71.9439008747% $946,422,016.01
May 1 2022 72.2274059632% $950,151,525.45
Jun 1 2022 67.0127010072% $881,552,081.75
Jul 1 2022 67.2734828176% $884,982,666.47
Aug 1 2022 67.5344505470% $888,415,696.95
Sep 1 2022 67.7956059876% $891,851,196.77
Oct 1 2022 68.0562657782% $895,280,176.31
Nov 1 2022 68.3171118549% $898,711,606.45
Dec 1 2022 67.1337558251% $883,144,557.88
Jan 1 2023 67.3942947471% $886,571,947.40
Feb 1 2023 67.6550203738% $890,001,793.02
Mar 1 2023 67.9159345324% $893,434,118.77
Apr 1 2023 68.1770390682% $896,868,948.94
May 1 2023 68.4378782170% $900,300,287.94
Jun 1 2023 65.2875222177% $858,857,354.77
Jul 1 2023 65.5370211176% $862,139,512.80
Aug 1 2023 65.7867105904% $865,424,177.82
Sep 1 2023 66.0365925218% $868,711,374.62

Oct 1 2023 66.2862111888% $871,995,108.19

Nov 1 2023 66.5360227627% $875,281,379.44
Dec 1 2023 65.4087804842% $860,452,507.27
Jan 1 2024 65.6585260203% $863,737,909.80
Feb 1 2024 65.9084668973% $867,025,882.03
Mar 1 2024 66.1586050702% $870,316,449.70
Apr 1 2024 66.4089425123% $873,609,638.75
May 1 2024 66.6592692916% $876,902,687.53
Jun 1 2024 61.4138281299% $807,898,909.05
Jul 1 2024 61.6407936554% $810,884,640.54
Aug 1 2024 61.8679627475% $813,873,049.94
Sep 1 2024 62.0953374550% $816,864,164.22
Oct 1 2024 62.3227079236% $819,855,222.73
Nov 1 2024 62.5502866058% $822,849,020.30
Dec 1 2024 61.5416285691% $809,580,123.83
Jan 1 2025 61.7694180800% $812,576,694.84
Feb 1 2025 61.9974206098% $815,576,068.12
Mar 1 2025 62.2256383160% $818,578,272.05
Apr 1 2025 62.4540733782% $821,583,335.29
May 1 2025 62.6827885608% $824,592,083.52
Jun 1 2025 57.3760587842% $754,782,053.31
Jul 1 2025 57.5807086422% $757,474,222.19
Aug 1 2025 57.7855852408% $760,169,373.84
Sep 1 2025 57.9906908782% $762,867,538.50
Oct 1 2025 58.1960884397% $765,569,543.42
Nov 1 2025 58.4017201568% $768,274,628.66
Dec 1 2025 57.5182008648% $756,651,932.38
Jan 1 2026 57.7243686019% $759,364,068.96
Feb 1 2026 57.9307781379% $762,079,386.40
Mar 1 2026 58.1374319249% $764,797,916.97
Apr 1 2026 58.3443324411% $767,519,693.26
May 1 2026 58.5518168147% $770,249,150.20
Jun 1 2026 55.4232339386% $729,092,642.46
Jul 1 2026 55.6187098801% $731,664,128.47
Aug 1 2026 55.8144472917% $734,239,054.12
Sep 1 2026 56.0104488173% $736,817,454.19
Oct 1 2026 56.2070517506% $739,403,765.78
Nov 1 2026 56.4039266393% $741,993,654.94
Dec 1 2026 55.5884777351% $731,266,424.61
Jan 1 2027 55.7862394207% $733,867,979.58
Feb 1 2027 55.9842838537% $736,473,254.10
Mar 1 2027 56.1826138838% $739,082,285.64
Apr 1 2027 56.3812323886% $741,695,112.07
May 1 2027 56.5811512771% $744,325,045.05

Jun 1 2027 51.0335140406% $671,345,877.20

Jul 1 2027 51.2080180739% $673,641,477.76
Aug 1 2027 51.3828374230% $675,941,226.30
Sep 1 2027 51.5579752305% $678,245,164.16
Oct 1 2027 51.7344436702% $680,566,606.48
Nov 1 2027 51.9112444071% $682,892,420.18
Dec 1 2027 51.2379648769% $674,035,427.96
Jan 1 2028 51.4164491234% $676,383,388.22
Feb 1 2028 51.5952831091% $678,735,949.30
Mar 1 2028 51.7744702859% $681,093,156.61
Apr 1 2028 51.9540141395% $683,455,056.01
May 1 2028 52.1356334711% $685,844,258.31
Jun 1 2028 46.5073717300% $611,804,475.11
Jul 1 2028 46.6631504701% $613,853,744.43
Aug 1 2028 46.8193257379% $615,908,230.08
Sep 1 2028 46.9759013909% $617,967,982.80
Oct 1 2028 47.1345966023% $620,055,618.30
Nov 1 2028 47.2937127060% $622,148,790.65
Dec 1 2028 46.7727124906% $615,295,032.81
Jan 1 2029 46.9343979042% $617,422,004.43
Feb 1 2029 47.0965292162% $619,554,841.84
Mar 1 2029 47.2591107107% $621,693,601.40
Apr 1 2029 47.4221467169% $623,838,340.06
May 1 2029 47.5876857021% $626,016,005.41
Jun 1 2029 44.8577912504% $590,104,243.90
Jul 1 2029 45.0136896395% $592,155,087.21
Aug 1 2029 45.1700907282% $594,212,543.53
Sep 1 2029 45.3269992874% $596,276,675.63
Oct 1 2029 45.4864642358% $598,374,437.02
Nov 1 2029 45.6464614518% $600,479,200.40
Dec 1 2029 45.2023311210% $594,636,665.90
Jan 1 2030 45.3654520970% $596,782,522.34
Feb 1 2030 45.5291356774% $598,935,779.84
Mar 1 2030 45.6933871493% $601,096,507.95
Apr 1 2030 45.8582118519% $603,264,776.91
May 1 2030 46.0292977930% $605,515,412.47
Jun 1 2030 40.3586303749% $530,917,782.58
Jul 1 2030 40.5067582612% $532,866,404.93
Aug 1 2030 40.6555658917% $534,823,969.31
Sep 1 2030 40.8050594975% $536,790,557.69
Oct 1 2030 40.9609279868% $538,841,007.67
Nov 1 2030 41.1175370957% $540,901,200.49
Dec 1 2030 40.8496204301% $537,376,756.76
Jan 1 2031 41.0134136234% $539,531,456.22

Feb 1 2031 41.1780097941% $541,696,718.84

Mar 1 2031 41.3434161676% $543,872,639.68
Apr 1 2031 41.5096400350% $546,059,314.66
May 1 2031 41.6827394435% $548,336,437.38
Jun 1 2031 37.0002694972% $486,738,545.24
Jul 1 2031 37.1532327616% $488,750,776.98
Aug 1 2031 37.3070940992% $490,774,822.87
Sep 1 2031 37.4618615241% $492,810,788.35
Oct 1 2031 37.6235938145% $494,938,376.63
Nov 1 2031 37.7862931712% $497,078,686.67
Dec 1 2031 36.3053058018% $477,596,297.82
Jan 1 2032 36.4682803746% $479,740,228.33
Feb 1 2032 36.6322926916% $481,897,810.36
Mar 1 2032 36.7973518952% $484,069,164.18
Apr 1 2032 36.9634672102% $486,254,411.15
May 1 2032 37.1370504587% $488,537,898.78
Jun 1 2032 34.0031771406% $447,311,795.28
Jul 1 2032 34.1620262936% $449,401,455.89
Aug 1 2032 34.3219772167% $451,505,610.29
Sep 1 2032 34.4830396270% $453,624,386.29
Oct 1 2032 34.6516258391% $455,842,137.91
Nov 1 2032 34.8213905630% $458,075,392.86
Dec 1 2032 34.8185584005% $458,038,135.76
Jan 1 2033 34.9971137604% $460,387,031.52
Feb 1 2033 35.1769262480% $462,752,464.79
Mar 1 2033 35.3580068357% $465,134,579.92
Apr 1 2033 35.5403665943% $467,533,522.55
May 1 2033 35.7307684451% $470,038,258.90
Jun 1 2033 29.4949750204% $388,006,396.39
Jul 1 2033 29.6519030277% $390,070,784.33
Aug 1 2033 29.8101485775% $392,152,504.54
Sep 1 2033 29.9697232051% $394,251,708.76
Oct 1 2033 30.1373902958% $396,457,369.34
Nov 1 2033 30.3064597526% $398,681,478.05
Dec 1 2033 30.4735541274% $400,879,604.55
Jan 1 2034 30.6522168368% $403,229,912.49
Feb 1 2034 30.8323688143% $405,599,811.75
Mar 1 2034 31.0140229843% $407,989,472.36
Apr 1 2034 31.1971923886% $410,399,065.87
May 1 2034 31.3882328316% $412,912,202.90
Jun 1 2034 27.7975853976% $365,677,235.91
Jul 1 2034 27.9557357497% $367,757,703.79
Aug 1 2034 28.1152397503% $369,855,978.92
Sep 1 2034 28.2761094530% $371,972,219.85

Oct 1 2034 28.4446996681% $374,190,024.13

Nov 1 2034 28.6147269126% $376,426,732.54
Dec 1 2034 28.7862039245% $378,682,512.63
Jan 1 2035 28.9654862061% $381,040,971.04
Feb 1 2035 29.1462909703% $383,419,457.71
Mar 1 2035 29.3286316592% $385,818,149.48
Apr 1 2035 29.5125218393% $388,237,224.80
May 1 2035 29.7036598295% $390,751,645.06
Jun 1 2035 25.7564751551% $338,826,430.67
Jul 1 2035 25.9094714933% $340,839,097.49
Aug 1 2035 26.0638095162% $342,869,414.19
Sep 1 2035 26.2195014800% $344,917,541.97
Oct 1 2035 26.3822443843% $347,058,424.88
Nov 1 2035 26.5464081093% $349,217,998.68
Dec 1 2035 26.7120055742% $351,396,433.33
Jan 1 2036 26.8847344479% $353,668,681.66
Feb 1 2036 27.0589652864% $355,960,688.34
Mar 1 2036 27.2347116882% $358,272,632.26
Apr 1 2036 27.4119873830% $360,604,694.02
May 1 2036 27.5965535488% $363,032,661.93
Jun 1 2036 22.7757608351% $299,615,133.79
Jul 1 2036 22.9123498930% $301,411,962.84
Aug 1 2036 23.0501891911% $303,225,238.81
Sep 1 2036 23.1892906399% $305,055,118.37
Oct 1 2036 23.3354135884% $306,977,365.76
Nov 1 2036 23.4828653435% $308,917,093.59
Dec 1 2036 23.6316584865% $310,874,467.39
Jan 1 2037 23.7875530440% $312,925,260.29
Feb 1 2037 23.9448570043% $314,994,593.89
Mar 1 2037 24.1035836382% $317,082,642.76
Apr 1 2037 24.2637463446% $319,189,583.16
May 1 2037 24.4313043188% $321,393,808.31
Jun 1 2037 24.2220030064% $318,640,449.55
Jul 1 2037 24.3942324868% $320,906,128.36
Aug 1 2037 24.5680097035% $323,192,167.65
Sep 1 2037 24.7433491447% $325,498,758.00
Oct 1 2037 24.9262111020% $327,904,307.05
Nov 1 2037 25.1107086293% $330,331,372.02
Dec 1 2037 25.2968569647% $332,780,153.37
Jan 1 2038 25.4906171611% $335,329,068.75
Feb 1 2038 25.6861030360% $337,900,685.44
Mar 1 2038 25.8833305995% $340,495,214.04
Apr 1 2038 26.0823160169% $343,112,867.20
May 1 2038 26.2893367203% $345,836,224.56

Jun 1 2038 26.4981943580% $348,583,746.78

Jul 1 2038 26.7151670207% $351,438,022.16
Aug 1 2038 26.9340570203% $354,317,520.10
Sep 1 2038 27.1548820068% $357,222,472.80
Oct 1 2038 27.3839209097% $360,235,479.57
Nov 1 2038 27.6149768893% $363,275,020.98
Dec 1 2038 26.0582588497% $342,796,395.17
Jan 1 2039 26.2793124342% $345,704,355.07
Feb 1 2039 26.5023349739% $348,638,216.58
Mar 1 2039 26.7273447398% $351,598,220.05
Apr 1 2039 26.9543601766% $354,584,608.12
May 1 2039 27.1899622603% $357,683,953.53
Jun 1 2039 27.4276559499% $360,810,814.02
Jul 1 2039 27.6740229416% $364,051,771.80
Aug 1 2039 27.9225689186% $367,321,394.12
Sep 1 2039 28.1733139584% $370,619,945.12
Oct 1 2039 28.4328406806% $374,034,019.15
Nov 1 2039 28.6946557040% $377,478,195.79
Dec 1 2039 28.9587800457% $380,952,751.50
Jan 1 2040 29.2317972768% $384,544,293.18
Feb 1 2040 29.5072149739% $388,167,412.98
Mar 1 2040 29.7850551216% $391,822,400.12
Apr 1 2040 30.0653399140% $395,509,546.57
May 1 2040 30.3625739485% $399,419,660.29
Jun 1 2040 30.6624047010% $403,363,933.84
Jun 13 2040 21.5013547455% $282,850,321.68

SCHEDULE 3: Amounts Used in the Calculation of Special Event Amount18

Column 1 Times Column 2 Times
Date Column 1 5.55555619 Column 2 5.555556
Dec 1 2016 4,864,493.25 $27,024,964.66 0.00 $0.00
Jun 1 2017 8,437,493.25 $46,874,966.25 3,573,000.00 $19,850,001.59
Dec 1 2017 4,742,118.00 $26,345,102.11 0.00 $0.00
Jun 1 2018 12,851,118.00 $71,395,105.71 8,109,000.00 $45,050,003.60
Dec 1 2018 4,464,384.75 $24,802,139.48 0.00 $0.00
Jun 1 2019 12,924,384.75 $71,802,143.24 8,460,000.00 $47,000,003.76
Dec 1 2019 4,174,629.75 $23,192,389.36 0.00 $0.00
Jun 1 2020 8,233,629.75 $45,742,391.16 4,059,000.00 $22,550,001.80
Dec 1 2020 4,035,609.00 $22,420,051.79 0.00 $0.00
Jun 1 2021 12,900,609.00 $71,670,055.73 8,865,000.00 $49,250,003.94
Dec 1 2021 3,731,982.75 $20,733,239.16 0.00 $0.00
Jun 1 2022 12,983,982.75 $72,133,243.27 9,252,000.00 $51,400,004.11
Dec 1 2022 3,415,101.75 $18,972,789.02 0.00 $0.00
Jun 1 2023 8,050,101.75 $44,722,791.08 4,635,000.00 $25,750,002.06
Dec 1 2023 3,256,353.00 $18,090,851.45 0.00 $0.00
Jun 1 2024 12,976,353.00 $72,090,855.77 9,720,000.00 $54,000,004.32
Dec 1 2024 2,923,443.00 $16,241,351.30 0.00 $0.00
Jun 1 2025 13,075,443.00 $72,641,355.81 10,152,000.00 $56,400,004.51
Dec 1 2025 2,575,737.00 $14,309,651.14 0.00 $0.00
Jun 1 2026 7,876,737.00 $43,759,653.50 5,301,000.00 $29,450,002.36
Dec 1 2026 2,394,177.75 $13,300,988.56 0.00 $0.00
Jun 1 2027 13,590,177.75 $75,500,993.54 11,196,000.00 $62,200,004.98
Dec 1 2027 2,010,714.75 $11,170,638.39 0.00 $0.00
Jun 1 2028 13,737,714.75 $76,320,643.61 11,727,000.00 $65,150,005.21
Dec 1 2028 1,609,065.00 $8,939,250.72 0.00 $0.00
Jun 1 2029 6,847,065.00 $38,039,253.04 5,238,000.00 $29,100,002.33
Dec 1 2029 1,429,663.50 $7,942,575.64 0.00 $0.00
Jun 1 2030 13,813,663.50 $76,742,581.14 12,384,000.00 $68,800,005.50
Dec 1 2030 1,005,511.50 $5,586,175.45 0.00 $0.00
Jun 1 2031 10,374,511.50 $57,636,179.61 9,369,000.00 $52,050,004.16
Dec 1 2031 3,888,623.25 $21,603,464.23 3,204,000.00 $17,800,001.42
Jun 1 2032 5,362,886.25 $29,793,814.88 4,788,000.00 $26,600,002.13
Dec 1 2032 410,897.25 $2,282,762.68 0.00 $0.00
Jun 1 2033 12,173,897.25 $67,632,767.91 11,763,000.00 $65,350,005.23
18
Special Event Amount: With respect to any Termination Date, an amount payable under the applicable
Lease which is intended to cover any Make-Whole Amount concurrently due on the applicable Lessor
Notes.
19
Equals the aggregate of deal percentage, 100%, divided by the deal percentage, 18%, attributable to
Lease from which this table has bene extracted.

Dec 1 2033 8,014.50 $44,525.00 0.00 $0.00

Jun 1 2034 242,014.50 $1,344,525.11 234,000.00 $1,300,000.10
SCHEDULE 4: Amounts Used in the Calculation of Termination

Amounts and PVRR Amounts20
Date Column 1 Date Column 1
Jul 13 2007 204,354,000.00 Jun 1 2021 108,963,000.00
Dec 1 2007 204,354,000.00 Dec 1 2021 108,963,000.00
Jun 1 2008 204,354,000.00 Jun 1 2022 99,711,000.00
Dec 1 2008 204,354,000.00 Dec 1 2022 99,711,000.00
Jun 1 2009 202,671,000.00 Jun 1 2023 95,076,000.00
Dec 1 2009 202,671,000.00 Dec 1 2023 95,076,000.00
Jun 1 2010 200,493,000.00 Jun 1 2024 85,356,000.00
Dec 1 2010 200,493,000.00 Dec 1 2024 85,356,000.00
Jun 1 2011 198,162,000.00 Jun 1 2025 75,204,000.00
Dec 1 2011 198,162,000.00 Dec 1 2025 75,204,000.00
Jun 1 2012 189,027,000.00 Jun 1 2026 69,903,000.00
Dec 1 2012 189,027,000.00 Dec 1 2026 69,903,000.00
Jun 1 2013 177,966,000.00 Jun 1 2027 58,707,000.00
Dec 1 2013 177,966,000.00 Dec 1 2027 58,707,000.00
Jun 1 2014 166,113,000.00 Jun 1 2028 46,980,000.00
Dec 1 2014 166,113,000.00 Dec 1 2028 46,980,000.00
Jun 1 2015 153,423,000.00 Jun 1 2029 41,742,000.00
Dec 1 2015 153,423,000.00 Dec 1 2029 41,742,000.00
Jun 1 2016 142,029,000.00 Jun 1 2030 29,358,000.00
Dec 1 2016 142,029,000.00 Dec 1 2030 29,358,000.00
Jun 1 2017 138,456,000.00 Jun 1 2031 19,989,000.00
Dec 1 2017 138,456,000.00 Dec 1 2031 16,785,000.00
Jun 1 2018 130,347,000.00 Jun 1 2032 11,997,000.00
Dec 1 2018 130,347,000.00 Dec 1 2032 11,997,000.00
Jun 1 2019 121,887,000.00 Jun 1 2033 234,000.00
Dec 1 2019 121,887,000.00 Dec 1 2033 234,000.00
Jun 1 2020 117,828,000.00 Jun 1 2034 0.00
Dec 1 2020 117,828,000.00
20
PVRR Amount means the present value of all installments of Basic Rent from the date of an Event of
Loss to the end of the Basic Term discounted at a discount rate equal to interest rate on the Lessor Notes
plus 0.40%. [excerpt from debt exchange offer prospectus]

SECTION 17. REMEDIES
Section 17.1. Remedies for Lease Event of Default.
Upon the occurrence of any Lease Event of Default and at any time thereafter so long as the same shall
be continuing, the Lessor may, at its option, declare this Facility Lease to be in default by notice to the
Lessee; provided that upon the occurrence of a Lease Event of Default described in paragraph (g) or (h)
of Section 16, this Facility Lease shall automatically be deemed to be in default without the need for giving
any notice; and at any time thereafter, so long as the Lessee shall not have remedied all outstanding Lease
Events of Default, the Lessor may do one or more of the following, as the Lessor in its sole discretion shall
elect, to the extent permitted by, and subject to compliance with any mandatory requirements of,
Applicable Law then in effect:
(a) proceed by appropriate court action or actions, either at law or in equity, to enforce performance
by the Lessee or the Guarantor, at the Lessee’s sole cost and expense, of the applicable covenants
and terms of this Facility Lease or the other Operative Documents or to recover damages for breach
thereof;
(b) by notice in writing to the Lessee, terminate this Facility Lease whereupon all rights of the Lessee
to the possession and use of the Undivided Interest under this Facility Lease shall absolutely cease
and terminate but the Lessee shall remain liable as hereinafter provided in paragraph (c); and
thereupon, the Lessor may demand that the Lessee, and the Lessee shall, upon written demand of
the Lessor and at the Lessee’s expense, forthwith return possession of the Undivided Interest to the
Lessor in the manner and condition required by, and otherwise in accordance with all of the provisions
of, Section 5.2, and the Lessor may thenceforth hold, possess and enjoy the same free from any right
of the Lessee, or its successor or assigns, to use the Undivided Interest for any purpose whatever;
(c) sell the Lessor’s Interest at public or private sale, as the Lessor may determine, free and clear of
any rights of the Lessee under this Facility Lease and without any duty to account to the Lessee with
respect to such sale or for the proceeds thereof (except to the extent required by paragraph (f) below
if the Lessor elects to exercise its rights under said paragraph and by Applicable Law), in which event
(i) Allocated Rent shall cease to accrue, and
(ii) the Lessee’s obligation to pay Periodic Rent hereunder due for any periods subsequent to the
date of such sale shall terminate (except to the extent that such Rent is to be included in
computations under paragraph (f) below if the Lessor elects to exercise its rights under said
paragraph);
(d) hold, keep idle or lease to others the Lessor’s Interest as the Lessor in its sole discretion may
determine, free and clear of any rights of the Lessee under this Facility Lease and without any duty to
account to the Lessee with respect to such action or inaction or for any proceeds with respect thereto,
except to the extent required by Applicable Law, except that the Lessee’s obligation to pay Periodic
Rent due for any periods subsequent to the date upon which the Lessee shall have been deprived of
possession and use of the Facility pursuant to this Section 17 shall be reduced by the net proceeds, if

any, received by the Lessor from leasing the Undivided Interest to any Person other than the Lessee
(the Lessor having no obligation to so lease the Undivided Interest); and
(e) whether or not the Lessor shall have exercised, or shall thereafter at any time exercise, any of its
rights under paragraph (b) above with respect to the Undivided Interest, the Lessor, by notice to the
Lessee specifying a Termination Date that shall be not earlier than ten days after the date of such
notice, may demand that the Lessee pay to the Lessor, and the Lessee shall pay to the Lessor, on the
Termination Date specified in such notice,
(i) any unpaid Periodic Rent due and payable before such Termination Date, plus
(ii) if such Termination Date shall be a Rent Payment Date, any Periodic Rent due and payable on
such Rent Payment Date, plus
(iii) as liquidated damages for loss of a bargain and not as a penalty (in lieu of the Periodic Rent
due after the Termination Date specified in such notice) (as the Lessor shall decide in its sole
discretion)
(A) an amount equal to the excess, if any, of the Termination Amount computed as of the
Termination Date specified in such notice over the Fair Market Sales Value of the Lessor’s
Interest as of the Termination Date specified in such notice; or
(B) an amount equal to the excess, if any, of the Termination Amount computed as of the
Termination Date specified in such notice over the Fair Market Rental Value of the Lessor’s
Interest until the end of the Basic Term or the then current Renewal Term, as the case may
be, after discounting such Fair Market Rental Value semiannually to present value as of the
Termination Date specified in such notice at a rate equal to the Lease Debt Rate, or
(C) an amount equal to the Termination Amount computed as of the Termination Date
specified in such notice provided that upon payment of such Termination Amount by the
Lessee pursuant to this clause (C) and all other Rent then due and unpaid by the Lessee, the
Lessor shall appoint an independent sales agent reasonably satisfactory to the Lessee and
cause such sales agent to use commercially reasonable efforts to obtain Qualifying Cash Bids.
If one or more Qualifying Cash Bids is received within 90 days of the appointment of the sale
agent, the Lessor shall transfer to the highest bidder (or its designee) on an “as is”, “where is”
and “with all faults” basis, without representations or warranties other than a warranty of the
Lessor as to the absence of Lessor’s Liens and of the Owner Participant as to the absence of
Owner Participant’s Liens, all of its right, title and interest in and to the Lessor’s Interest, and
the Lessor shall pay the net sales proceeds to the Lessee.
Notwithstanding the foregoing, if in the case of clause (A) or (B) above the Lessor shall be unable
to obtain constructive possession of the Undivided Interest sufficient to realize the economic
benefit of the Lessor’s Interest, the Fair Market Rental Value and Fair Market Sales Value of the
Lessor’s Interest shall be deemed equal to $0 (zero). Upon payment of the amounts specified in
any of clause (A), (B) or (C) above, this Facility Lease, and the Lessee’s obligation to pay Periodic
Rent or the Termination Amount hereunder due for any periods subsequent to the date of such
payment, shall terminate; and

(f) if the Lessor shall have sold the Lessor’s Interest pursuant to paragraph (c) above, the
Lessor may, if it shall so elect, demand that the Lessee pay to the Lessor, and the Lessee shall pay to
the Lessor, as liquidated damages for loss of a bargain and not as a penalty (in lieu of the Periodic
Rent due for any periods subsequent to the date of such sale), an amount equal to
(i) any unpaid Periodic Rent due and payable before the date of such sale, plus
(ii)
(A) if that date is a Rent Payment Date, the Periodic Rent due on that date, or
(B) if that date is not a Rent Payment Date or a Termination Date, the daily equivalent of Periodic
Rent for the period from the preceding Termination Date to the date of such sale, plus
(iii) the amount, if any, by which the Termination Amount computed as of the Termination Date next
preceding the date of such sale, or if such sale occurs on a Rent Payment Date or a Termination Date,
then computed as of such date, exceeds the net proceeds of such sale, and, upon payment of such
amounts, this Facility Lease and the Lessee’s obligation to pay Periodic Rent or the Termination
Amount for any periods subsequent to the date of such payment shall terminate.
The Lessee’s liability in connection with the exercise of any or all of the foregoing remedies shall
be the Termination Amount computed as of the Termination Date occurring on or immediately prior to
the date the Lessor declares this Facility Lease to be in default or it is otherwise deemed to be in default,
except in the case of a Lease Event of Default resulting from a breach by the Lessee of its obligations under
Section 5.12 of the Participation Agreement, in which case the Lessee’s liability shall be the PVRR Amount.
In addition, the Lessee shall be liable for
(i) any and all unpaid Periodic Rent and Supplemental Rent (other than the Termination Amount)
due hereunder before or during the exercise of any of the foregoing remedies, and
(ii), if the Lessee’s liability shall be calculated by reference to the Termination Amount, on an
After-Tax Basis, reasonable and documented legal fees and other costs and expenses incurred by
reason of the occurrence of any Lease Event of Default or the exercise of the Lessor’s remedies
with respect thereto, including the repayment in full of any reasonable and documented costs
and expenses necessary to be expended in connection with the return of the Undivided Interest
in accordance with Section 5.2 hereof, including, without limitation, any reasonable and
documented costs and expenses incurred by the Lessor, the Owner Participant, the Indenture
Trustee and the Pass Through Trustee in connection with retaking constructive possession of, or
in repairing, the Undivided Interest in order to cause it to be in compliance with all maintenance
standards imposed by this Facility Lease.
Section 17.2. Cumulative Remedies.
The remedies in this Facility Lease provided in favor of the Lessor shall not be deemed exclusive,
but shall be cumulative and shall be in addition to all other remedies in its favor existing at law or in equity;
and the exercise or beginning of exercise by the Lessor of any one or more of such remedies shall not
preclude the simultaneous or later exercise by the Lessor of any or all of such other remedies. To the
extent permitted by Applicable Law, the Lessee hereby waives any rights now or hereafter conferred by

statute or otherwise which may require the Lessor to sell, lease or otherwise use the Facility or any
Component thereof in mitigation of the Lessor’s damages as set forth in this Section 17 or which may
otherwise limit or modify any of the Lessor’s rights and remedies in this Section 17.
Section 17.3. No Delay or Omission to be Construed as Waiver.
No delay or omission to exercise any right, power or remedy accruing to the Lessor upon any
breach or default by the Lessee under this Facility Lease shall impair any such right, power or remedy of
the Lessor, nor shall any such delay or omission be construed as a waiver of any breach or default, or of
any similar breach or default hereafter occurring; nor shall any waiver of a single breach or default be
deemed a waiver of any subsequent breach or default.

Bruce Mansfield Unit 1 Leases by The Numbers

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Bruce Mansfield Unit 1 Leases by The Numbers

Uploaded by

Copyright:

Available Formats

This compilation is neither legal nor investment advice. FSB 18, 3.

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0

The Bruce Mansfield Station, Units 1, 2 and 3

Law Offices of Timothy M. Toy

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 1

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 2

1. Table 1 was populated using:

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 3

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 4

TABLE 1: Principal Amortization and Declining Debt Balance

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 5

June 1, 2027 5.4787280895% $62,200,000.00 $326,150,000

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 6

TABLE 2: Lease-by-Lease Purchase Prices and Undivided and “Deal” Percentages

F BM1, LLC 16.8885% 18% $236,790,000.00

Total 93.825% 100% $1,315,500,000.00

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 7

TABLE 3: Termination Amount and Outstanding Debt Principal per kW

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 8

Dec 1 2024 61.5416285691% $809,457,040.57 $1,039.43 $474,200,000 $608.92

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 9

TABLE 4: EQUITY PORTION OF BASIC RENT

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 10

Jun 1 2031 $63,886,551.87 $52,050,000.00 $5,586,175.00 $57,636,175.00 $6,250,376.87

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 11

TABLE 4-A: PERIODIC INTEREST ACCRUAL

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 12

December 1, 2029 $231,900,000 $7,942,575.00

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 13

TABLE 5: BRUCE MANSFIELD UNIT 1 LEASES: CASH/PERIODIC RENT v. AVERAGE RENT

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 14

Jun 1 2021 5.46505172% $71,892,755.38 $1,445,336,560.07 $1,147,072,777.87 $298,263,782.20

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 15

“Equity Portion of Termination Amount” in respect of any determination of Termination Amount or

TABLE 6: Equity Portion of Termination Amount

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 16

Jun 1 2022 $881,418,056.35 $553,950,000 $327,468,056.35

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 17

TABLE 7: Fixed Ancillary Facilities Rent

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 18

TABLE 8: NPV OF EQUITY RENTS AND RESIDUAL

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 19

Jun 1 2035 $54,460,932.80 Jun 1 2035 $0.00

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 20

DOCUMENT DESCRIPTIONS OF LEASE SCHEDULES

SCHEDULE 1-A: Basic (Cash)/Periodic Rent

SCHEDULE 1-B: Allocated Rents

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 21

SCHEDULE 1-C: Section 467 Loan Mechanics

(i) it will treat the Section 467 Loan as a loan,

SCHEDULE 2: Termination Amount

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 22

SCHEDULE 3: Calculation of Premium

(a) the sum of each of the products obtained by multiplying

(b) the sum of

(ii) the product of

(x) the amount by which the amount in Column 1 of Schedule 3 to the

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 23

(B) 180, if the Termination Date occurs after December 1, 2007.

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 24

SCHEDULE 1-A: {Periodic}Rent Payment

BRUCE MANSFIELD UNIT 1 LEASES: By the Numbers, Version 3.0 25

Dec 1 2035 0.00000000% $0.00