Company: WBI
Filing Date: 2025-04-18
Form Type: DRS
Source: 0000950123-25-003575
Chunk: 303

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-04-18
Form: DRS
Chunk 303
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 as of December 31, 2024. Estimated future payments for the debt based on the amount outstanding are shown below:

|            | As of December 31, |   |  2025 |     |   |  2026 |     |   |   2027 |     |   |  2028 |     |   |    2029 |     |   |   Total |
|:-----------|:-------------------|:--|------:|:----|:--|------:|:----|:--|-------:|:----|:--|------:|:----|:--|--------:|:----|:--|--------:|
| Term loan  |                    | $ | 5,750 |     | $ | 5,750 |     | $ |  5,750 |     | $ | 5,750 |     | $ | 550,562 |     | $ | 573,562 |
| Revolver   |                    |   |     - |     |   |     - |     |   | 35,000 |     |   |     - |     |   |       - |     |   |  35,000 |
| Other      |                    |   |   786 |     |   |    26 |     |   |      - |     |   |     - |     |   |       - |     |   |     812 |
| Total debt |                    | $ | 6,536 |     | $ | 5,776 |     | $ | 40,750 |     | $ | 5,750 |     | $ | 550,562 |     | $ | 609,374 |

8. Leases Our leased assets consist primarily of vehicles. All our leases are classified as financing leases. Leases are recognized on our consolidated balance sheets by recording a lease liability representing the obligation to make future lease payments and a right-of-use asset representing the right to use the underlying asset for the lease term. As our leases generally do not provide an implicit rate, in order to calculate the lease liability, we discounted our expected future lease payments using our incremental borrowing rate. The incremental borrowing rate is an estimate of the rate of interest that a lessee would have to pay to borrow on a collateralized basis over a similar term to that of the lease term. We have elected the practical expedient to omit leases with an initial term of 12