Exhibit 10.66
Acknowledgment and Agreement -- Release
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The undersigned hereby acknowledge and agree to be bound by the terms of
Sections 6.4 and 11.13 of the Purchase Agreement, dated January 16, 1999 by and
among Caithness Energy, L.L.C., Caithness Acquisition Company, LLC, and
CalEnergy Company, Inc., to the same extent as the Buyer named therein
including, without limitation, (i) the general release, (ii) the waiver of
Section 1542 of the Civil Code of California and hereby covenant to take any and
all actions and execute any further documents reasonably requested by Seller
named therein to implement and enforce such Sections.
Dated May 28, 1999 COSO FINANCE PARTNERS,
a California general partnership
By: New CLOC Company, LLC,
a Delaware limited liability company,
its Managing General Partner
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
By: ESCA, LLC,
a Delaware limited liability company,
its General Partner
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
New CLOC Company, LLC,
a Delaware limited liability company
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
ESCA, LLC,
a Delaware limited liability company
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
COSO ENERGY DEVELOPERS,
a California general partnership
By: New CHIP Company, LLC,
a Delaware limited liability company,
its Managing General Partner
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
By: Caithness Coso Holdings, LLC,
a Delaware limited liability company,
its General Partner
By: /s/ Christopher T. McCallion
----------------------------
Christopher T. McCallion
Executive Vice President
New CHIP Company, LLC,
A Delaware limited liability company
By: /s/ Christopher T. McCallion
----------------------------
Christopher T. McCallion
Executive Vice President
Caithness Coso Holdings, LLC,
a Delaware limited liability company
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
2
COSO POWER DEVELOPERS,
a California general partnership
By: New CTC Company, LLC,
a Delaware limited liability company,
its Managing General Partner
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
By: Caithness Navy II Group, LLC,
a Delaware limited liability company,
its General Partner
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
New CTC Company, LLC,
a Delaware limited liability company
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
Caithness Navy II Group, LLC,
a Delaware limited liability company
By: /s/ Christopher T. McCallion
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Christopher T. McCallion
Executive Vice President
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