Amendment #4 Page 65 of 868 uhlt Confirm. Our Indebtedness could adversely affect our financial condition and ability to operate our business, Including restricting our ability to pay cosh dividends or react to changes in the economy or our industry. As el March 31. 2015. alter giving pro forms effect to We Organlzabonai Transactions we *curd have had approximizety 55574 3 mita) of indebtedness and an midi oral 5443 0 million avadatie for Uwe borrowings under our Revolver Ou subs/areal debt following ale completion of this offering coact have important negative corsequences on out financial coreleon, including • ✓.creasing our vUneiabhty to general cconomc and industry conditions. • requrrg a substantial portion of our cash flows from operators to be deo/toted to trw payment of principal and interest on cis indebtedness. hereby reducing our teeny to pay &extends to tellers of our Class A common stock or to use our cash flows to fund our operators. capital expenditures and Wire business opportwirtes. • trnit mg our ability to ergo/ into or receNe payments under longterm power a fuel ptrcrese contracts Wet require creek support. • kmrt mg our ability to fund operations or future at:cps:tons • restricting ow ability to make certain distributions wen respect to our capital stock and the ability of our stbsdares to make certain distributions to us ei light of resincied payment and other financial covenants nn our creed facilities and other financing ageements • exposing Ia to the rsk of increased intern rates because cenain a our borrowings. which may irckee borrowings under cis Revolver are at variable rates of interest t ming ow /thirty to obtain ad:Menai financing for working capeal nerving collateral postings, capital expenditures dell service requiremerts acquartions and general corporate or otter purposes and kitting car Moldy to acttea to chargirg market con:Mons and placing us at a competcve disadvantage compared to our competitors who have