These risks include, but are not limited to, those listed below. Mexico is the world\'s eleventh-largest economy and the second largest in Latin America. These ecosystems are expanding in depth and number. The global MTDC market is highly fragmented. As of December 31, 2020, we had over 10,000 customers worldwide. We also support our customers with a global customer care organization. Equinix received an \'A-\' CDP leadership score for climate action. The following new sites received ratings in 2019 or 2020. ft or 49% of its footprint under certification including 0.8 million of gross sq. We were incorporated in Delaware in June 1998. Delays may be further exacerbated by the ongoing COVID-19 pandemic. Furthermore, we continue to acquire IBX data centers not built by us. We have service level commitment obligations to certain customers. The level of insurance coverage that we purchase may prove to be inadequate. We may not be able to compete successfully against current and future competitors. Regional competitors may also consolidate to become a global competitor. Any delay in permitting could affect our growth. Site selection is also a critical factor in our expansion plans. In December 2020, we also sold our Paris 9 IBX data center to EMEA Joint Venture. We sold 3 development sites in Japan to the Asia-Pacific Joint Venture upon closing. Each new facility requires access to significant quantities of electricity. Government regulation may adversely affect our business. Similar rules apply to other nonqualifying assets. Our cash distributions are not guaranteed and may fluctuate. Consequently, our distribution levels may fluctuate. This arrangement must be approved by the Court. We continue to monitor the available capacity in each of our selected markets. As a result, customers are consuming an increasing amount of power per cabinet. We ceased to waive Smart Hands service fees for most customers as of June 30, 2020. See Note 3 within the Consolidated Financial Statements. &# Years ended December 31, 2020 and 2019 Revenues. EMEA General and Administrative Expenses. Asia-Pacific Income from Operations. These contingent commitments are not reflected in the table above. There were no specific events in 2020 or 2019 that indicated a potential impairment. Our IBX data centers are long-lived assets. X101.CALInline XBRL Taxonomy Extension Calculation Linkbase Document. Actual results could differ from these estimates. It effectively fixes the benchmark rate component of an upcoming debt issuance. ROU assets and liabilities are classified and recognized at the commencement date. The Company utilizes a market-based approach to estimate the IBR. The approach requires significant judgment. The majority of the Company\'s lease arrangements include options to extend the lease. For further information on leases, see Note 10 below. Historically, these credits and cash payments have not been significant. For further information on stock-based compensation, see Note 13 below. As a result, it was determined to be a VIE. Cash Equivalents and Investments. As of December 31, 2020, there was no outstanding balance under the Revolving Facility. The lease will have an initial term of 30 years and 2 renewal options of 10 years each. See Note 6 above for more information on the Asia-Pacific Joint Venture. All outstanding shares of our common stock are fully paid and nonassessable. The purported transferee has no rights in the shares held by the trustee. Therefor
