Amendment #4 Page 528 of 868 The far value of oil outstandng debt colgations as of December 31, 2014 and 2013 approximates carrying veue due to tre vanabb rate nature of these obligators Tenn debt Our solar energy systems for when we have bog-term debt Megatons are included ri separate legal ennes We typically fnance our solar energy projects through protect entry specific debt secured by the project entlys assets (pare* the solar energy systems) with no recourse to the Parent Typical,. these hnaixing arrangements provide for a craft facility teed fa a construction. which upon completion is converted into term debt As of December 31. 2014. we had 6374.111 of project entity specific debt that is securod by the totel assets of the Company The Company had undrawn commitments under Ike cretin facilites of 526.378 as of Decerrter 31. 2014 Term debt for India corsets a variable rate banswith interest rates that are variously bed to the twoyear Infrastructure Deveroprnent Finance Company (ICFC) tenr-hrnark rate. the L8T Infrastructure benernark rate, the Overseas Prnale Investment Corporabon note interest rate, L&T prime letting rate. CCI base rate and the Raton:ha Finance rate The interest rates on the term debt as of December 31, 2014 range from 12 00% to 13 00% and mature between 2016 and 2030 Pnnopal and interest is due and payable in arrears monthly or quarterly and on the maturity dates of tne credit facilities In 2014. the Company refinanced $34 6 million of India term debt with a new variable rate tam ban in the amount of 642 6 million The renaming resulted in net proceeds of 48.0 radon which was used to repay other ening indebtemess to the parent company Deferred financing costs relating to the ongnal debt of S06 million was nckded in ',Wrest expense n 2014 Tam debt for Malaysia consists of variable rate loans with interest rates that are ted to the Kuala Lumpur Interbank Offered Rae ('KUBOR'). The retest rites on the term debt as of December 31,