Exhibit 2.3
CLEARY, GOTTLIEB, STEEN & HAMILTON
Deborah M. Buell (DB 3562)
James L. Bromley (JB 5125)
One Liberty Plaza
New York, New York 10006
and
JENNER & BLOCK, LLC
Vincent E. Lazar (VL 7320)
Christine L. Childers (CC 0092)
One IBM Plaza
Chicago, Illinois 60611
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
---------------------------------------------x
:
In re: : Chapter 11
:
OGDEN NEW YORK SERVICES, INC., et al., : Case Nos. 02-40826 (CB), et al.
:
Debtors and Debtors in Possession. :
: Jointly Administered
:
---------------------------------------------x
HEBER DEBTORS' SECOND AMENDED JOINT PLAN OF REORGANIZATION
UNDER CHAPTER 11 OF THE BANKRUPTCY CODE
October 3, 2003
AMOR 14 Corporation, Covanta SIGC Energy, Inc., Covanta SIGC Energy II,
Inc., Heber Field Company, Heber Geothermal Company and Second Imperial
Geothermal Company, L.P., as debtors and debtors in possession under chapter 11
of title 11 of the United States Code, in each of their separate cases, which
have been consolidated for procedural purposes only, (each a "Heber Debtor" and
collectively, the "Heber Debtors") hereby propose and file this Heber Debtors'
Second Amended Joint Plan of Reorganization Under Chapter 11 Of The Bankruptcy
Code. A list of the Case Numbers for each of the Heber Debtors is attached
hereto as Exhibit A.
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS AND INTERPRETATION.................................1
1.1 Definitions........................................................1
ARTICLE II TREATMENT OF ADMINISTRATIVE EXPENSE CLAIMS AND PRIORITY TAX
CLAIMS........................................................13
2.1 Non-Classification................................................13
2.2 Administrative Expense Claims.....................................13
2.3 Compensation and Reimbursement Claims.............................13
2.4 Priority Tax Claims...............................................15
2.5 DIP Financing Facility Claims.....................................15
ARTICLE III CLASSIFICATION OF CLAIMS AND EQUITY INTERESTS.................16
3.1 General Rules of Classification...................................16
ARTICLE IV TREATMENT OF CLAIMS AND EQUITY INTERESTS......................17
4.1 Class 1 - Allowed Priority Non-Tax Claims.........................17
4.2 Class 2H - Allowed GECC Secured Claims...........................17
4.3 Class 3H - Allowed Heber Secured Claims..........................18
4.4 [Intentionally Omitted.]..........................................18
4.5 [Intentionally Omitted.]..........................................18
4.6 [Intentionally Omitted.]..........................................18
4.7 Class 7 - Allowed Unsecured Claims................................18
4.8 Class 8 - Heber Intercompany Claims...............................19
4.9 Class 9 - Intercompany Claims.....................................19
4.10 [Intentionally Omitted.]..........................................19
4.11 [Intentionally Omitted.]..........................................19
4.12 [Intentionally Omitted.]..........................................19
4.13 [Intentionally Omitted.]..........................................19
4.14 Class 14 - Equity Interests in Heber Debtors......................19
ARTICLE V ACCEPTANCE OR REJECTION OF THE REORGANIZATION PLAN............20
5.1 Presumed Acceptance of Plan.......................................20
5.2 Presumed Rejection of Plan........................................20
5.3 Cramdown..........................................................20
ARTICLE VI MEANS FOR IMPLEMENTATION......................................20
6.1 Implementation of the Geothermal Sale.............................20
6.2 Authorization of Transfer of Equity Interests.....................22
6.3 Cancellation of Existing Securities and Agreements................22
6.4 Board of Directors and Executive Officers.........................22
6.5 Deemed Consolidation of Heber Debtors for Plan Purposes Only......22
6.6 Continued Corporate Existence; Vesting of Assets in the
Reorganized Heber Debtors and Corporate Restructuring.............22
6.7 Conversion to Limited Liability Company Status....................23
6.8 Amended Organizational Documents..................................23
6.9 Settlements.......................................................23
6.10 Payment of GECC Secured HGC/HFC Claims............................23
6.11 Payment of Covanta Power Pacific, Inc. Debt.......................23
ARTICLE VII DISTRIBUTIONS.................................................23
7.1 Distribution Record Date..........................................23
7.2 Date of Distributions.............................................24
7.3 Manner of Payment Under Plan......................................24
7.4 Inquiries Concerning Distributions................................24
7.5 Surrender of Instruments..........................................24
7.6 Delivery of Distributions.........................................25
7.7 Exemption from Securities Laws....................................25
7.8 Setoffs...........................................................25
7.9 Allocation of Plan Distribution Between Principal and Interest....25
7.10 Withholding and Reporting Requirements............................25
7.11 Time Bar to Cash Payments.........................................25
7.12 Closing of Chapter 11 Cases.......................................26
ARTICLE VIII PROCEDURES FOR RESOLVING AND TREATING DISPUTED CLAIMS.........26
8.1 No Distribution Pending Allowance.................................26
8.2 Resolution of Disputed Claims and Equity Interests................26
8.3 Estimation of Claims and Equity Interests.........................27
8.4 Reserve Account for Disputed Claims...............................27
8.5 Allowance of Disputed Claims......................................27
8.6 Release of Funds from Disputed Claims Reserve.....................28
8.7 Cure Amounts with respect to Executory Contracts or
Unexpired Leases..................................................28
ARTICLE IX TREATMENT OF EXECUTORY CONTRACTS AND UNEXPIRED LEASES.........28
9.1 Heber Debtor Contracts............................................28
9.2 Additional Contracts..............................................28
9.3 Cure of Defaults..................................................29
9.4 Objections........................................................29
9.5 Approval of Assumption of Certain Executory Contracts.............29
9.6 Approval of Rejection of Executory Contracts and Unexpired Leases.30
9.7 Deemed Consents...................................................30
9.8 Bar Date for Rejection Damage Claims..............................30
9.9 Cure Amount Disputes..............................................30
ARTICLE X CONDITIONS PRECEDENT TO THE CONFIRMATION DATE AND THE
EFFECTIVE DATE................................................30
10.1 Conditions to Confirmation........................................30
10.2 Conditions Precedent to the Effective Date........................31
10.3 Waiver of Conditions..............................................31
10.4 Failure to Satisfy or Waiver of Conditions Precedent..............32
ARTICLE XI EFFECT OF CONFIRMATION........................................32
11.1 Revesting of Assets...............................................32
11.2 Discharge of Claims...............................................32
11.3 Discharge of Heber Debtors........................................33
11.4 Binding Effect....................................................33
11.5 Term of Injunctions or Stays......................................33
11.6 Injunction Against Interference with Plan.........................33
11.7 Exculpation.......................................................33
11.8 Injunction........................................................34
11.9 Release...........................................................35
ARTICLE XII RETENTION OF JURISDICTION.....................................35
12.1 Jurisdiction of Court.............................................35
ARTICLE XIII MISCELLANEOUS PROVISIONS......................................37
13.1 Deletion of Classes and Subclasses................................37
13.2 Effectuating Documents and Further Transactions...................37
13.3 Payment of Statutory Fees.........................................37
13.4 Withdrawal or Modification of Plan................................37
13.5 Courts of Competent Jurisdiction..................................38
13.6 Exemption From Transfer Taxes.....................................38
13.7 Rules of Construction.............................................38
13.8 Computation of Time...............................................39
13.9 Successors and Assigns............................................39
13.10 Notices...........................................................39
13.11 Severability......................................................39
13.12 Governing Law.....................................................40
13.13 Exhibits..........................................................40
13.14 Counterparts......................................................40
INTRODUCTION
These Chapter 11 Cases have been consolidated for procedural
purposes only and are being jointly administered pursuant to an order of the
Court. While this is a joint reorganization plan for each of the Heber Debtors,
and without limiting the terms of Section 6.5 of this Heber Reorganization Plan,
it does NOT provide that these Chapter 11 Cases will be substantively
consolidated. Capitalized terms used herein shall have the meanings ascribed to
such terms in Article I of this Heber Reorganization Plan.
Reference is made to the Disclosure Statement accompanying
this Heber Reorganization Plan, including the Exhibits thereto, for a discussion
of the Heber Debtors' history, business, results of operations and properties,
and for a summary and analysis of this Heber Reorganization Plan. All creditors
are encouraged to consult the Disclosure Statement and read this Heber
Reorganization Plan carefully before voting to accept or reject this Heber
Reorganization Plan.
NO SOLICITATION MATERIALS, OTHER THAN THE DISCLOSURE STATEMENT
AND RELATED MATERIALS TRANSMITTED THEREWITH AND APPROVED BY THE COURT, HAVE BEEN
AUTHORIZED BY THE COURT FOR USE IN SOLICITING ACCEPTANCES OR REJECTIONS OF THIS
REORGANIZATION PLAN.
Without prejudice to the Proposed Buyers' rights under the
Purchase Agreement in respect of confirmation of this Heber Reorganization Plan
for all of the Heber Debtors, the Heber Debtors reserve the right to proceed
with confirmation of this Heber Reorganization Plan as to some but not all of
the Heber Debtors at the same time.
ARTICLE I
DEFINITIONS AND INTERPRETATION
1.1 Definitions. In addition to such other terms as are defined in
other Sections of this Heber Reorganization Plan, the following terms (which
appear herein as capitalized terms) shall have the meanings set forth below,
such meanings to be applicable to both the singular and plural forms of the
terms defined. A term used in this Heber Reorganization Plan and not defined
herein or elsewhere in this Heber Reorganization Plan, but that is defined in
the Bankruptcy Code has the meaning set forth therein.
"Additional Contracts" means the contracts and leases
identified on Exhibit D attached to this Heber Reorganization Plan (as such
Exhibit may be amended at or prior to the Confirmation Hearing).
"Administrative Expense Claim" means a Claim under sections
503(b), 507(a)(1), 507(b) or 1114(e)(2) of the Bankruptcy Code, including,
without limitation, any actual and necessary expenses incurred after the
Petition Date and prior to the Closing Date for preserving the assets of the
Heber Debtors, any actual and necessary costs and expenses of operating the
businesses of the Heber Debtors incurred after the Petition Date and prior to
the Closing Date, all compensation and reimbursement of expenses allowed by the
Court under sections 330, 331 or 503 of the Bankruptcy Code, any reclamation
claims arising under section 546(c) of the Bankruptcy Code and any fee
chargeable under section 1930 of Chapter 123 of Title 28 of the United States
Code.
"Agent Banks" means Bank of America, N.A., as Administrative
Agent, and Deutsche Bank, AG, New York Branch, as Documentation Agent, under the
Prepetition Credit Agreement.
"Administrative Expense Claim Bar Date" means the date that is
thirty (30) days following the Effective Date. The Administrative Expense Claim
Bar Date shall apply to all holders of Administrative Expense Claims not
satisfied prior to the Administrative Expense Claim Bar Date, except that the
Administrative Expense Claim Bar Date shall not apply to holders of the
following limited types of claims: (a) United States Trustee Claims; (b)
post-petition liabilities incurred and payable in the ordinary course of
business by any Heber Debtor prior to the Closing Date; or (c) fees and expenses
incurred by (i) Retained Professionals and (ii) Persons employed by the Heber
Debtors or serving as independent contractors to the Reorganizing Debtors in
connection with their reorganization efforts.
"Allowed" means, with reference to the portion of any Claim
(other than Administrative Expense Claims) or Equity Interest and with respect
to each Heber Debtor, (a) any such Claim against or Equity Interest in such
Heber Debtor which has been listed by a Heber Debtor in its Schedules, as such
Schedules have been or may be amended or supplemented from time to time in
accordance with Bankruptcy Rule 1009, as liquidated in amount and not disputed
or contingent and for which no contrary proof of claim or interest has been
filed, (b) any Claim or Equity Interest allowed (i) under the Heber
Reorganization Plan or under any settlement agreement incorporated or otherwise
implemented hereby, (ii) by Final Order, or (iii) as to which the liability of
each Heber Debtor and the amount thereof are determined by a final,
non-appealable order of a court of competent jurisdiction other than the Court
or (c) as to which a proof of claim has been timely filed before the applicable
Bar Date in a liquidated amount with the Court pursuant to the Bankruptcy Code
or any order of the Court, provided that (i) no objection to the allowance of
such Claim or notice to expunge such Claim has been interposed by the Heber
Debtors, the Reorganized Heber Debtors or Covanta before any final date for the
filing of such objections or motions set forth in the Heber Reorganization Plan,
the Confirmation Order or other order of the Court or (ii) if such objection or
motion has been filed and not withdrawn, such objection or motion has been
overruled by a Final Order (but only to the extent such objection or motion has
been overruled); provided, further that any such Claims or Equity Interests
allowed solely for the purpose of voting to accept or reject the Heber
Reorganization Plan pursuant to an order of the Court shall not be considered
"Allowed Claims" or "Allowed Equity Interests" for the purpose of distributions
hereunder.
"Allowed Administrative Expense Claim" means the portion of
any Administrative Expense Claim (including any interest for which the Heber
Debtors are legally obligated) that is (i) incurred or arising after the
Petition Date and prior to the Closing Date, (ii) for those Administrative
Expense Claims as to which the Administrative Expense Claim Bar Date is
applicable, which has been filed before the Administrative Expense Bar Date,
(iii) which is not disputed by the Heber Debtors, Reorganized Heber Debtors,
Covanta or the United States Trustee, and (iv) as to which no objection to the
allowance of such Administrative Expense Claim has been filed by the Heber
Debtors, Reorganized Heber Debtors, Covanta or the United States Trustee.
"Allowed Class o Claim" means an Allowed Claim in the
specified Class.
"Allowed Subclass o Claim" means an Allowed Claim in the
specified Subclass.
"Allowed Priority Tax Claims" means any Claim that is Allowed
pursuant to Section 2.4 of this Heber Reorganization Plan.
"Alternative Transaction" means, without prejudice to the
Proposed Buyers' rights under the Purchase Agreement, a sale (as part of a plan
of reorganization or otherwise) of some or all of the Geothermal Business to a
party making an offer that is higher or better than the terms offered in the
Purchase Agreement as determined by the Debtors after consultation with the DIP
Agents pursuant to the Court-approved auction process, or as otherwise approved
by the Court.
"Amor" means Amor 14 Corporation.
"Bankruptcy Code" means title 11 of the United States Code, as
amended from time to time, as applicable to the Chapter 11 Cases.
"Bankruptcy Rules" means the Federal Rules of Bankruptcy
Procedure promulgated by the United States Supreme Court under 28 U.S.C. ss.
2075 and the local rules of the Court (including any applicable local rules and
standing and administrative orders of the Court), as now in effect or hereafter
amended, as applicable to the Chapter 11 Cases.
"Bar Date" means the applicable date or dates fixed by the
Court or this Heber Reorganization Plan for filing proofs of claim or interests
in the Chapter 11 Cases.
"Break-Up Fee" has the meaning ascribed to such term in the
Purchase Agreement.
"Business Day" means any day other than a Saturday, Sunday or
"legal holiday" as such term is defined in Bankruptcy Rule 9006(a).
"Buyers" means either (i) the Proposed Buyers or (ii) any
entity or entities that purchase(s) the Geothermal Business in an Alternative
Transaction pursuant to the Court-approved auction process.
"Cash" means lawful currency of the United States, including
cash equivalents, bank deposits, checks and other similar items, unless
otherwise indicated.
"Chapter 11 Cases" means the voluntary cases under Chapter 11
of the Bankruptcy Code commenced by each Heber Debtor, which cases are currently
pending before the Court under the caption In re Ogden New York Services, Inc.
et al., Case Nos. 02-40826 (CB), et al.
"Claim" has the meaning set forth in section 101 of the
Bankruptcy Code, whether or not asserted.
"Claims Objection Deadline" means that day which is one
hundred eighty (180) days after the Effective Date, as the same may be extended
from time to time by the Court, without further notice to parties in interest.
"Class" means any group of similar Claims or Equity Interests
described in Article IV of this Heber Reorganization Plan in accordance with
section 1123(a)(1) of the Bankruptcy Code.
"Closing" means the closing of the Geothermal Sale pursuant to
the Purchase Agreement or an Alternative Transaction, as such term is defined in
the Purchase Agreement or, as applicable, similar agreement with respect to an
Alternative Transaction. The Closing shall occur simultaneously with the
Effective Date.
"Closing Date" means the date and time of the Closing.
"Committee" means the Official Committee of Unsecured
Creditors appointed by the Office of the United States Trustee in the chapter 11
cases of the Debtors pursuant to section 1102 of the Bankruptcy Code, as
appointed, modified or reconstituted from time to time.
"Confirmation Date" means the date on which the clerk of the
Court enters the Confirmation Order on the docket, within the meaning of
Bankruptcy Rules 5003 and 9021.
"Confirmation Hearing" means the hearing held by the Court to
consider confirmation of the Heber Reorganization Plan pursuant to section 1128
of the Bankruptcy Code, as such hearing may be adjourned or continued from time
to time.
"Confirmation Order" means the order of the Court confirming
the Heber Reorganization Plan pursuant to section 1129 of the Bankruptcy Code,
together with any subsequent orders, if any, pursuant to sections 1127 and 1129
of the Bankruptcy Code approving modifications to the Heber Reorganization Plan,
which in each case shall be in form and substance satisfactory to the Heber
Debtors.
"Court" collectively means the United States Bankruptcy Court
for the Southern District of New York and, to the extent it may exercise
jurisdiction over the Chapter 11 Cases, the United States District Court for the
Southern District of New York or if either such court ceases to exercise
jurisdiction over the Chapter 11 Cases, such other Court or adjunct thereof that
exercises competent jurisdiction over the Chapter 11 Cases or any proceeding
therein.
"Covanta" means Covanta Energy Corporation (as debtor and
debtor in possession or as it may reorganize in the future) the ultimate
corporate parent directly or indirectly holding an interest in all the Heber
Debtors in these Chapter 11 Cases.
"Cure Amounts" means the amounts identified on Exhibits B, C,
D and E hereto as the amounts necessary to cure any and all defaults existing
under each of the contracts identified therein pursuant to section 365(b) of the
Bankruptcy Code.
"Debtor Operators" means the HFC Operator, the HGC Operator
and the SIGC Operator.
"Debtor Sellers" means Covanta Energy Americas, Inc., Covanta
Heber Field Energy, Inc., Heber Field Energy II, Inc., Heber Loan Partners, ERC
Energy, Inc. and ERC Energy II, Inc., each a debtor and debtor in possession.
"Debtors" means the Liquidating Debtors, the Reorganizing
Debtors and the Heber Debtors, collectively.
"DIP Agents" means Bank of America, N.A., as administrative
agent, and Deutsche Bank AG, New York branch, as documentation agent, under the
DIP Financing Facility.
"DIP Financing Facility" means the Debtor-in-Possession Credit
Agreement, dated as of April 1, 2002, among the Heber Debtors, the Reorganizing
Debtors, the Liquidating Debtors, the DIP Lenders and the DIP Agents, as it has
been or may be amended and modified from time to time, and as approved and
extended by order of the Court.
"DIP Lenders" means those Persons from time to time party to
the DIP Financing Facility as lenders.
"DIP Security Agreement" shall mean the Security Agreement,
dated as of April 1, 2002, by and among Covanta, Bank of America, N.A. as Agent
and the other parties named therein, as amended from time to time.
"Disclosure Statement" means the written disclosure statement
that relates to this Heber Reorganization Plan, the Reorganization Plan and the
Liquidation Plan and is approved by the Court pursuant to section 1125 of the
Bankruptcy Code, as such disclosure statement may be amended, modified, or
supplemented (and all exhibits and schedules annexed thereto or referred to
therein) and that is prepared and distributed in accordance with section 1125 of
the Bankruptcy Code and Bankruptcy Rule 3018.
"Disputed Claim" means that portion (including, when
appropriate, the whole) of a Claim that is not an Allowed Claim or is subject to
an Estimation Request. For the purposes of the Heber Reorganization Plan, a
Claim shall be considered a Disputed Claim in its entirety before the time that
an objection has been or may be filed if: (a) the amount or classification of
the Claim specified in the relevant proof of claim exceeds the amount or
classification of any corresponding Claim scheduled by a Heber Debtor in the
Schedules; (b) any corresponding Claim scheduled by a Heber Debtor has been
scheduled as disputed, contingent or unliquidated in the Schedules; or (c) no
corresponding Claim has been scheduled by a Heber Debtor in the Schedules.
"Disputed Claims Reserve" means, with respect to each Class of
Claims receiving Cash Distributions under this Heber Reorganized Plan in which
there exists any Disputed Claim on or after the Reorganization Plan Effective
Date, Cash to be set aside by Covanta or the Reorganized Heber Debtors, as
applicable, in separate accounts corresponding to each such Class of Claims in
which there are Disputed Claims, in an amount such that, if such Disputed Claims
become Allowed Claims, there will be sufficient Cash to pay all such Disputed
Claims pro rata with Allowed Claims in such Class with respect to each such
Class of Claims in accordance with the provisions of this Heber Reorganization
Plan. Each Disputed Claims Reserve is to be maintained under this Heber
Reorganization Plan, as set forth more fully in Article VIII of this Heber
Reorganization Plan.
"Distribution" means the distribution to holders of Allowed
Claims in accordance with this Heber Reorganization Plan of Cash or other
property, as the case may be.
"Distribution Address" means (i) the address of the holder of
a Claim set forth in the relevant proof of claim, (ii) the address set forth in
any written notices of address change delivered to the Reorganized Heber Debtors
after the date of any related proof of claim, or (iii) if no proof of claim is
filed in respect to a particular Claim, the address set forth in the Schedules
or register maintained for registered securities.
"Distribution Date" means (i) with respect to Claims and
Equity Interests that are Allowed as of the Effective Date, as soon as
reasonably practicable after the Effective Date, but in no event later than
thirty (30) days after the Effective Date and (ii) with respect to Claims and
Equity Interests that are Allowed after the Effective Date, the first Business
Day after the date that is thirty (30) days after the date such Claims or Equity
Interests become Allowed or otherwise become payable under this Heber
Reorganization Plan; provided, however, in no event shall the Distribution Date
be earlier than the date upon which the Sellers are required to deliver the
Closing Statement (as defined in the Purchase Agreement) pursuant to Section 2.2
of the Purchase Agreement.
"Distribution Record Date" means the Confirmation Date.
"Effective Date" means a date, which is a Business Day,
selected by the Heber Debtors that is no more than ten (10) Business Days
following the date on which all conditions set forth in Section 10.2 of this
Heber Reorganization Plan have been satisfied or expressly waived pursuant to
Section 10.3 of this Heber Reorganization Plan.
"Equity Interest" means as to each Heber Debtor, any equity
security, membership interest, partnership interest or share of common stock or
other instrument evidencing an ownership interest in such Heber Debtor,
regardless of whether it may be transferred, and any option, warrant or right,
contractual or otherwise, to acquire an ownership interest or other equity
security in such Heber Debtor and shall include any redemption, conversion,
exchange, voting participation, dividend rights and liquidation preferences
relating thereto.
"Estate" means as to each Heber Debtor, the estate which was
created by the commencement of such Heber Debtor's Chapter 11 Case pursuant to
section 541 of the Bankruptcy Code, and shall be deemed to include, without
limitation, any and all privileges of such Heber Debtor and all interests in
property, whether real, personal or mixed, rights, causes of action, avoidance
powers or extensions of time that such Heber Debtor or such estate shall have
had effective as of the commencement of the Chapter 11 Case, or which such
estate acquired after the commencement of the Chapter 11 Case, whether by virtue
of section 544, 545, 546, 547, 548, 549 or 550 of the Bankruptcy Code or
otherwise.
"Estimation Request" means a request for estimation of a Claim
in accordance with the Bankruptcy Code and Bankruptcy Rules.
"Exit Costs" means the Cash costs for consummation of this
Heber Reorganization Plan, to be either paid or reserved on or shortly after the
Effective Date pursuant to the terms hereof, including without limitation, (i)
all amounts required with respect to Distributions to holders of Allowed
Administrative Expense Claims and funding of reserves with respect to Disputed
Claims, (ii) payment of all costs and expenses associated with the transactions
contemplated hereunder, (iii) Cure Amounts and (iv) establishment of tax
reserves with respect to the sale of the Geothermal Business, all of which costs
shall be estimated and set forth on a schedule to be filed with the Court no
later than five (5) days prior to the Confirmation Hearing.
"Final Order" means an order or judgment of the Court, as
entered on the docket of the Court, that has not been reversed, stayed,
modified, or amended, and as to which: (a) the time to appeal, seek review or
rehearing or petition for certiorari under the Bankruptcy Rules has expired and
no timely filed appeal or petition for review, rehearing, remand or certiorari
is pending; or (b) any appeal taken or petition for certiorari filed has been
resolved by the highest Court to which the order or judgment was appealed or
from which certiorari was sought, provided, however, that the possibility that a
motion under Rule 59 or Rule 60 of the Federal Rules of Civil Procedure, or any
analogous rule under the Bankruptcy Rules or other rules governing procedure in
cases before the Court, may be filed with respect to such order or judgment
shall not cause such order or judgment not to be a Final Order.
"GECC" means General Electric Capital Corporation and its
affiliates and nominees.
"GECC Liens" means the Liens, Claims and encumbrances in
respect of the SIGC Project (as defined in the Purchase Agreement) in favor of
GECC or its Affiliates or nominees, including the U.S. Trust Company of
California, N.A., as set forth in Schedule 4.10 to the Purchase Agreement.
"GECC Secured Claims" means GECC Secured SIGC Claims and GECC
Secured HGC/HFC Claims, collectively.
"GECC Secured SIGC Claims" means the Secured Claims of GECC
against the SIGC Project.
"GECC Secured HGC/HFC Claims" means the Secured Claims of GECC
against the HGC Project and HFC Project.
"Geothermal Business" means assets and liabilities related to
the Heber Debtors' and certain affiliates' generation and sale of electrical
output and the production and sale of geothermal fluid, including related Equity
Interests and contracts and leases to which any Debtor is a party.
"Geothermal Sale" means either the sale of (i) all of the
Geothermal Business to the Proposed Buyers pursuant to the Purchase Agreement or
(ii) some or all of the Geothermal Business pursuant to an Alternative
Transaction, without prejudice to the Proposed Buyers' rights under the Purchase
Agreement.
"Heber Debtor Contracts" means the contracts and leases to
which a Heber Debtor is a party.
"Heber Debtors" has the meaning ascribed to such term on the
first page of this Heber Reorganization Plan (each of the Heber Debtors is
individually referred to herein as a Heber Debtor).
"Heber Intercompany Claim" means any Claims against a Heber
Debtor held by another Heber Debtor.
"Heber Reorganization Plan" means this chapter 11 plan of
reorganization, including without limitation, all documents referenced herein
and all exhibits, supplements, appendices and schedules hereto, either in its
present form or as the same may be altered, amended or modified from time to
time, including any amendments in connection with an Alternative Plan.
"Heber Royalty Settled Claims" means Claims subject to the HFC
Royalty Settlement.
"HFC Operator" means Covanta Geothermal Operations, Inc.
"HFC Project Company" means Heber Field Company.
"HFC Royalty Settlement" means that certain settlement
agreement and forms of lease amendments among certain of the Debtors and certain
of counterparties to the mineral rights leases with respect to the resolution of
certain disputed Claims, including disputed Claims concerning the calculation of
royalties payable under such mineral rights in substantially the same form as
attached to the Motion To Approve Compromises With Heber Field Lessors, filed on
September 26, 2003 (Docket No. 2211), which motion was approved by the Court at
the hearing on October 8, 2003.
"HFC Royalty Settlement Order" means the order of the Court
approving the Motion to Approve Compromises With Heber Field Lessors (Docket No.
2211), as granted by the Court at the hearing on October 8, 2003.
"HFC Royalty Settlement Payments" means the amounts identified
as settlement payments to be paid to or for the benefit of holders of Heber
Royalty Settled Claims under the HFC Royalty Settlement.
"HGC Operator" means Covanta Imperial Power Services, Inc.
"HGC Project Company" means Heber Geothermal Company.
"Holding Companies" means SIGC One Sub, SIGC Two Sub and Amor.
"Initial Deposit" has the meaning ascribed to such term in the
Purchase Agreement.
"Impaired" means, when used with reference to an Allowed Claim
or an Allowed Equity Interest, a Claim or Equity Interest that is impaired
within the meaning of section 1124 of the Bankruptcy Code.
"Intercompany Claims" means all Claims against a Heber Debtor
asserted by any of the Liquidating Debtors, Reorganizing Debtors or their
non-debtor affiliates, including, without limitation, any (a) preference
actions, fraudulent conveyance actions, rights of setoff and other claims or
causes of action under sections 544, 547, 548, 549, 550 and 553 of the
Bankruptcy Code and other applicable bankruptcy or nonbankruptcy law, (b) claims
or causes of action arising out of illegal dividends or similar theories of
liability, (c) claims or causes of action based on piercing the corporate veil,
alter ego liability or similar legal or equitable theories of recovery arising
out of the ownership or operation of any of the Heber Debtors prior to the
applicable Petition Date, (d) claims or causes of action based on unjust
enrichment, (e) claims or causes of action for breach of fiduciary duty,
mismanagement, malfeasance or, to the extent they are claims or causes of action
of any of the Heber Debtors, fraud, (f) claims or causes of action arising out
of any contracts or other agreements between the Heber Debtors and any
Liquidating Debtor or Reorganizing Debtor and (g) any other claims or causes of
action arising out of or related in any way to the Heber Debtors' Chapter 11
Cases, the Liquidation Plan, the Reorganization Plan or this Heber
Reorganization Plan that are based on an injury that affects or affected the
shareholders or creditors of any of the Liquidating Debtors, Reorganizing
Debtors or Heber Debtors generally. Intercompany Claims specifically excludes
any Heber Intercompany Claims.
"Lien" has the meaning set forth in section 101(37) of the
Bankruptcy Code.
"Liquidating Debtors" has the meaning ascribed to such term in
the Liquidation Plan (each of the Liquidating Debtors is individually referred
to herein as a Liquidating Debtor).
"Liquidation Plan" means the Debtors' Joint Plan of
Liquidation Under Chapter 11 Of The Bankruptcy Code of Ogden New York Services,
Inc. et al. (including all exhibits, supplements, appendices and schedules
annexed thereto), dated September 8, 2003, as the same may be amended, modified
or supplemented from time to time.
"New Facility Lenders" has the meaning ascribed to such term
in the Reorganization Plan.
"O&M Contracts" means the contracts relating to the on-site
operations and maintenance services identified on Exhibit E of this Heber
Reorganization Plan (as such Exhibit may be amended at or prior to the
Confirmation Hearing).
"Permitted Encumbrances" has the meaning ascribed to such term
in the Purchase Agreement.
"Person" has the meaning provided in section 101(41) of the
Bankruptcy Code and includes, without limitation, any individual, corporation,
partnership, association, indenture trustee, organization, joint stock company,
joint venture, estate, trust, governmental unit or any political subdivision
thereof, the Committee, Indenture Trustee, Equity Interest holders, holders of
Claims, current or former employees of any Reorganizing Debtor, or any other
entity.
"Petition Date" means April 1, 2002, the date upon which the
Heber Debtors filed their respective orders for relief under Chapter 11 of the
Bankruptcy Code.
"Plan Documents" means the documents to be executed,
delivered, assumed or performed in conjunction with the consummation of this
Heber Reorganization Plan on the Effective Date, including, without limitation,
the Purchase Agreement or similar agreement with respect to an Alternative
Transaction, and shall be treated as if incorporated herein.
"Prepetition Credit Agreement" means the Revolving Credit and
Participation Agreement dated as of March 14, 2001, among Covanta, certain other
Reorganizing Debtors, certain other Liquidating Debtors and the lenders
thereunder and the Security Agreement dated as of March 14, 2001, both as they
have been or may be amended, supplemented or otherwise modified from time to
time.
"Priority Non-Tax Claim" means any Claim entitled to priority
pursuant to section 507(a) of the Bankruptcy Code, other than: (a) an
Administrative Expense Claim or (b) a Priority Tax Claim.
"Priority Tax Claim" means any Claim of a Government Unit of
the kind entitled to priority in payment as specified in sections 502(i) and
507(a)(8) of the Bankruptcy Code.
"Pro Rata Class Share" means the proportion that the amount of
any Claim bears to the aggregate amount of such Claim and all other Claims in
the same Class entitled to Distributions of like character.
"Project Companies" means, collectively, the HGC Project
Company, the SIGC Project Company and the HFC Project Company, each of which are
Heber Debtors.
"Proposed Buyers" means Caithness Heber Field I, LLC,
Caithness Heber Field II, LLC, Caithness Heber Geothermal I, LLC, Caithness
Heber Geothermal II, LLC, Caithness Mammoth, LLC, Caithness SIGC GP, LLC and
Caithness SIGC LP, LLC, which entities are parties to the Purchase Agreement.
"Purchase Agreement" means that certain Amended and Restated
Ownership Interest Purchase Agreement, dated as of September 25, 2003, as it may
be amended, by and among certain of the Debtor Sellers, Covanta Power Pacific,
Inc., Covanta Energy Corporation, and the Proposed Buyers.
"Purchase Price" has the meaning ascribed to such term in the
Purchase Agreement.
"Reorganization Plan" means the Debtors' Joint Plan of
Reorganization Under Chapter 11 Of The Bankruptcy Code of Covanta Energy
Corporation, et al. (including all exhibits, supplements, appendices and
schedules annexed thereto), dated September 8, 2003, as the same may be amended,
modified or supplemented from time to time.
"Reorganization Plan Effective Date" has the meaning ascribed
to the term "Effective Date" in the Reorganization Plan.
"Reorganized Debtor" means each Reorganizing Debtor, on or
after the Reorganization Plan Effective Date.
"Reorganized Heber Debtor" means each Heber Debtor, on or
after the Effective Date.
"Reorganizing Debtors" has the meaning ascribed to such term
in the Reorganization Plan (each of the Reorganizing Debtors is individually
referred to herein as a Reorganizing Debtor). The Heber Debtors are specifically
excluded from the definition of "Reorganizing Debtors."
"Retained Professional" means the professionals retained in
these jointly administered Chapter 11 Cases by the Heber Debtors or the
Committee pursuant to sections 327, 328 or 1103 of the Bankruptcy Code pursuant
to Final Orders of the Court.
"Schedule of Rejected Contracts and Leases" means a schedule
of the executory contracts and unexpired leases to which a particular Heber
Debtor is a party that will be rejected under Article IX of this Heber
Reorganization Plan, which schedule (or a relevant portion thereof) shall be
filed with the Court and served on the relevant parties no less than five (5)
days prior to the Confirmation Hearing and may be amended thereafter prior to
the Effective Date, provided that the Heber Debtors provide notice of any such
amendment to the affected counterparty to such contract or lease.
"Schedules" means the schedules of assets and liabilities and
the statement of financial affairs filed with respect to the Heber Debtors as
required by sections 521 and 1106(a)(2) of the Bankruptcy Code and Bankruptcy
Rule 1007, as they have been or may be supplemented or amended from time to
time.
"Secured Claim" means, pursuant to section 506 of the
Bankruptcy Code, that portion of a Claim that is secured by a valid, perfected
and enforceable security interest, lien, mortgage or other encumbrance, that is
not subject to avoidance under applicable bankruptcy or non-bankruptcy law, in
or upon any right, title or interest of any of the Heber Debtors in and to
property of the Estates, to the extent of the value of the holder's interest in
such property as of the relevant determination date. The defined term Secured
Claim includes any Claim that is (i) subject to an offset right under applicable
law and (ii) a secured claim against any of the Heber Debtors pursuant to
sections 506(a) and 553 of the Bankruptcy Code. Such defined term shall not
include for voting or Distribution purposes any such Claim that has been or will
be paid in connection with the cure of defaults under an assumed executory
contract or unexpired lease under section 365 of the Bankruptcy Code. A Secured
Claim shall not include any portion of the Claim that exceeds that value of the
interest in property of the Estate securing such Claim.
"Sellers" means the Debtor Sellers and Covanta Power Pacific,
Inc.
"SIGC One Sub" means Covanta SIGC Energy, Inc.
"SIGC Operator" means Covanta SIGC Geothermal Operations, Inc.
"SIGC Project Company" means Second Imperial Geothermal
Company, L.P.
"SIGC Two Sub" means Covanta SIGC Energy II, Inc.
"Specified Personnel" means any officer, director or employee
of any Heber Debtor but only if and to the extent, in each case, such party
served in such capacity on or after the Petition Date and prior to the Closing
Date.
"Subclass" means a subclass of Claims within a particular
Class.
"Substantial Contribution Claims" means the claim by any
creditor or party in interest for reasonable compensation for services rendered
in these Chapter 11 Cases pursuant to section 503(b)(3), (4) or (5) of the
Bankruptcy Code.
"Unimpaired" means, when used with reference to a Claim or
Equity Interest, a Claim or Equity Interest that is not Impaired.
"United States Trustee" means the Office of the United States
Trustee for the Southern District of New York.
"United States Trustee Claims" means all United States Trustee
Fees accrued through the close of the Chapter 11 Cases.
"United States Trustee Fees" means all fees and charges due
from the Heber Debtors to the United States Trustee pursuant to section 1930 of
Title 28 of the United States Code.
"Unsecured Claims" means any Claim against a Heber Debtor
(including, without limitation, Claims arising from the rejection of executory
contracts, unexpired leases) that is not a Secured Claim, Administrative Expense
Claim, Priority Tax Claim, Priority Non-Tax Claim, Heber Intercompany Claim or
Intercompany Claim.
"Working Capital Adjustment" means the working capital
adjustment mechanism set forth in Section 2.2 of the Purchase Agreement or such
similar mechanism pursuant to an Alternative Transaction.
ARTICLE II
TREATMENT OF ADMINISTRATIVE
EXPENSE CLAIMS AND PRIORITY TAX CLAIMS
2.1 Non-Classification. As provided in section 1123(a)(1) of the
Bankruptcy Code, Administrative Expense Claims and Priority Tax Claims against
the Heber Debtors are not classified for the purposes of voting on or receiving
Distributions under this Heber Reorganization Plan. All such Claims are instead
treated separately pursuant to the terms set forth in this Article II.
2.2 Administrative Expense Claims. Except (i) to the extent that the
applicable Heber Debtor and a holder of an Allowed Administrative Expense Claim
agree to less favorable treatment and (ii) except for any Claims specified in
Sections 2.3 and 2.4 of this Heber Reorganization Plan (which Claims so
specified include but are not limited to Claims arising under the DIP Financing
Facility, Substantial Contribution Claims, and Claims by Retained Professionals
and Claims related to "adequate protection" ordered by the Court or provided for
under the Bankruptcy Code), each Heber Debtor shall pay to each holder of an
Allowed Administrative Expense Claim against such Heber Debtor, in full
satisfaction, settlement, release and discharge of and in exchange for such
Allowed Administrative Expense Claim, Cash in an amount equal to such Allowed
Administrative Expense Claim on the Distribution Date; provided that any such
liabilities not incurred in the ordinary course of business were approved and
authorized by a Final Order of the Court; provided, however, that Allowed
Administrative Expense Claims representing liabilities incurred in the ordinary
course of business by such Heber Debtor, as a debtor in possession, prior to the
Closing Date, or liabilities arising under loans or advances to or other
obligations incurred by such Heber Debtor, as debtor in possession, prior to the
Closing Date, whether or not incurred in the ordinary course of business, shall
be paid by such Heber Debtor in the ordinary course of business, consistent with
past practice and in accordance with the terms and subject to the conditions of
any agreements governing, instruments evidencing, or other documents relating to
such transactions. To the extent that the Administrative Expense Claim Bar Date
applies, failure to file a timely request for payment of an Administrative
Expense Claim prior to the Administrative Expense Claim Bar Date shall result in
the Administrative Expense Claim being forever barred and discharged.
Notwithstanding anything to the contrary in this Heber Reorganization Plan, to
the extent that the aggregate amount of the Allowed Administrative Expense
Claims is higher than the amount of Administrative Expense Claims accounted for,
without duplication, and settled as between the parties to the Purchase
Agreement in the Working Capital Adjustment, Covanta shall be responsible for
the payment of Allowed Administrative Expense Claims incurred prior to the
Closing Date as if such Allowed Administrative Expense Claims were allowed as
administrative claims under section 503 of the Bankruptcy Code.
2.3 Compensation and Reimbursement Claims. (a) Except with respect to
Substantial Contribution Claims which are subject to Section 2.3(b) herein, all
(i) Retained Professionals and (ii) Persons employed by the Heber Debtors or
serving as independent contractors to the Heber Debtors in connection with their
reorganization efforts that are seeking an award by the Court of compensation
for services rendered or reimbursement of expenses incurred through and
including the Effective Date under subsections 503(b)(2), 503(b)(3), 503(b)(4)
or 503(b)(5) of the Bankruptcy Code shall file and serve on counsel for the
Heber Debtors and Reorganized Heber Debtors (and as otherwise ordered by the
Court and the Bankruptcy Code) their respective final applications for allowance
of compensation for services rendered and reimbursement of expenses incurred on
or before the date that is fifteen (15) days after the Reorganization Plan
Effective Date, subject to prior written notice to counsel to the DIP Agents.
Covanta shall pay in full on the Distribution Date such Claims in such amounts
as are Allowed by the Court, after notice and hearing, or upon such other less
favorable terms as may be mutually agreed upon between the holder of such an
Allowed Administrative Expense Claim and Covanta and, in each such case,
approved by the Court after notice and hearing. Any request for payment of an
Administrative Expense Claim of the type specified in this Section 2.3(a), which
is not filed by the applicable deadline set forth above, shall be barred. The
Heber Debtors and the Reorganized Heber Debtors shall have no liability for any
Claim described in this subsection.
(b) Any Person who requests compensation or expense
reimbursement for a Substantial Contribution Claim in these Chapter 11 Cases
must file an application with the clerk of the Court, on or before the
Administrative Expense Claim Bar Date, and serve such application on counsel for
the Heber Debtors and counsel for the Reorganized Heber Debtors and as otherwise
required by the Court and the Bankruptcy Code on or before such date, or be
forever barred from seeking compensation or expense reimbursement for such
Substantial Contribution Claim. Covanta shall pay in full on the Distribution
Date Allowed Substantial Contribution Claims as ordered by the Court, after
notice and hearing. The Heber Debtors and the Reorganized Heber Debtors shall
have no liability for any Claim described in this subsection.
(c) All other requests for payment of an Administrative Expense
Claim (other than as set forth in clauses (a) and (b) of this Section 2.3 above)
that are subject to the Administrative Expense Claim Bar Date must be filed with
the Court and served on counsel for the Heber Debtors and counsel for the
Reorganized Heber Debtors (and as otherwise required by the Bankruptcy Code or
the Court) on or before the Administrative Expense Claim Bar Date. Unless the
Heber Debtors, Reorganized Heber Debtors or any other party in interest in these
Chapter 11 Cases objects to an Administrative Expense Claim by the Claims
Objection Deadline, such Administrative Expense Claim shall be deemed Allowed in
the amount filed. In the event that the Heber Debtors, Reorganized Heber Debtors
or any other party in interest permitted under the Bankruptcy Code objects to an
Administrative Expense Claim, the Court shall determine the Allowed amount of
such Administrative Expense Claim. Notwithstanding the foregoing, no request for
payment of an Administrative Expense Claim need be filed with respect to an
Administrative Expense Claim which is incurred and payable by the Heber Debtors
or Reorganized Heber Debtors in the ordinary course of business prior to the
Closing Date.
(d) Any holders of Administrative Expense Claims who are
required to file a Claim or request for payment of such Claims or expenses and
who do not file such Claims or requests by the applicable dates set forth in
this Section 2.3 shall be forever barred from asserting such Claims or expenses
against the Debtors, Reorganized Heber Debtors, Reorganized Debtors or any
property of such entities, and from receiving any Distributions under this Heber
Reorganization Plan or the Reorganization Plan with respect to such Claims.
Under no circumstances will the deadlines set forth above be extended by order
of the Court or otherwise.
2.4 Priority Tax Claims. (a) Heber Debtor Tax Claims. Each holder of an
Allowed Priority Tax Claim for which only a Heber Debtor is liable will receive
in full satisfaction, settlement, release, and discharge of and in exchange for
such Allowed Priority Tax Claim, Cash equal to the unpaid portion of such
Allowed Priority Tax Claim on or as soon as practical after the later of: (i)
thirty (30) days after the Effective Date, or (ii) thirty (30) days after the
date on which such Priority Tax Claim becomes Allowed; provided, however, that
at the option of the applicable Heber Debtor (or, on and after the Effective
Date, Reorganized Heber Debtor), the applicable Reorganized Heber Debtor may pay
any or all such Allowed Priority Tax Claims over a period not exceeding six (6)
years after the date of assessment of such Priority Tax Claims as provided in
subsection 1129(a)(9)(C) of the Bankruptcy Code. If the applicable Heber Debtor
(or, on and after the Effective Date, Reorganized Heber Debtor) selects this
option as to any such Allowed Priority Tax Claim, then the applicable
Reorganized Heber Debtor shall make payment of simple interest on the unpaid
portion of such Claim semiannually without penalty of any kind, at the statutory
rate of interest provided for such taxes under applicable nonbankruptcy law,
with the first interest payment due on the latest of: (i) six (6) months after
the Effective Date, (ii) six (6) months after the date on which such Priority
Tax Claim becomes an Allowed Claim, or (iii) such longer time as may be agreed
to by the holder of such Priority Tax Claim and the applicable Heber Debtor (or,
on and after the Effective Date, the Reorganized Heber Debtor).
(b) Tax Claims For Which Other Debtors Are Liable. Each holder
of an Allowed Priority Tax Claim for which one or more of the Debtors in
addition to a Heber Debtor is liable (including but not limited to Priority Tax
Claims arising by virtue of one or more Heber Debtor's status as a member of a
consolidated tax group or group under common control with one or more of the
other Debtors) will receive in full satisfaction, settlement, release, and
discharge of and in exchange for such Allowed Priority Tax Claim, Cash equal to
the unpaid portion of such Allowed Priority Tax Claim on or as soon as practical
after the later of: (i) thirty (30) days after the Reorganization Plan Effective
Date, or (ii) thirty (30) days after the date on which such Priority Tax Claim
becomes Allowed; provided, however, that at the option of Covanta, Covanta may
pay any or all such Allowed Priority Tax Claims over a period not exceeding six
(6) years after the date of assessment of such Priority Tax Claims as provided
in subsection 1129(a)(9)(C) of the Bankruptcy Code. If Covanta selects this
option as to any such Allowed Priority Tax Claim, then Covanta shall make
payment of simple interest on the unpaid portion of such Claim semiannually
without penalty of any kind, at the statutory rate of interest provided for such
taxes under applicable nonbankruptcy law, with the first interest payment due on
the latest of: (i) six (6) months after the Reorganization Plan Effective Date,
(ii) six (6) months after the date on which such Priority Tax Claim becomes an
Allowed Claim, or (iii) such longer time as may be agreed to by the holder of
such Priority Tax Claim and Covanta.
(c) Notwithstanding any of the foregoing, Covanta shall be
solely liable with respect to any Allowed Priority Tax Claims to the extent
provided in Section 13.2 of the Purchase Agreement.
2.5 DIP Financing Facility Claims. (a) Subject to the consent of the
requisite DIP Lenders, on the Effective Date, regardless of the amounts
outstanding under the DIP Financing Facility, the DIP Financing Facility shall
terminate with respect to the Heber Debtors and the DIP Lenders shall release
the Heber Debtors from any claims thereunder and security interests granted in
support of the DIP Financing Facility over Equity Interests in, and assets of,
the Heber Debtors; provided, however, (i) if the Effective Date occurs prior to
the Reorganization Plan Effective Date, all Cash and non-Cash proceeds from the
Geothermal Sale (whether from the Purchase Agreement or from an Alternative
Transaction) that Covanta, any of the other Debtors or non-Debtor subsidiaries
receive or have an interest in upon Closing of such sale or from time to time
thereafter shall be subject to (x) the valid, perfected non-voidable first
priority, senior priming liens of the DIP Agents, for the sole and exclusive
benefit of the DIP Lenders (such liens not being junior or subject to any other
liens, claims or interests) pursuant to section 364(d) of the Bankruptcy Code
and (y) the superpriority administrative claims of the DIP Agents and the DIP
Lenders, in each case without further action by any party or further order of
the Court, (ii) if the Effective Date occurs on or after the Reorganization Plan
Effective Date, all Cash and non-Cash proceeds from the Geothermal Sale (whether
from the Purchase Agreement or from an Alternative Transaction) that Covanta,
any of the other Reorganized Debtors, Liquidating Debtors or non-Debtor
subsidiaries receive or have an interest in upon Closing of such sale or from
time to time thereafter shall be subject to distribution as agreed to by the DIP
Lenders and set forth in the Reorganization Plan and the Liquidation Plan and
(iii) except with respect to the release of Claims and Liens against the Heber
Debtors as provided for herein, nothing in this Heber Reorganization Plan shall
modify the rights, remedies and privileges of the DIP Agents and the DIP Lenders
under the DIP Financing Facility, the Reorganization Plan or applicable law.
(b) Any consent with respect to this Heber Reorganization Plan
or the failure to object to any provision hereof shall not prejudice the right
of the DIP Lenders or the DIP Agents to not vote in favor of (or consent to) the
Reorganization Plan or object to any provision thereof, all of which rights are
hereby preserved.
ARTICLE III
CLASSIFICATION OF CLAIMS AND EQUITY INTERESTS
3.1 General Rules of Classification. This Heber Reorganization Plan
constitutes a joint reorganization plan of the Heber Debtors. In accordance with
section 1123(a)(1) of the Bankruptcy Code, Administrative Expense Claims and
Priority Tax Claims, as described in Article II, have not been classified and
thus are excluded from the Classes described below. The classification of Claims
and Equity Interests and implementation of the settlements set forth below shall
be applicable for all purposes, including voting, confirmation, and distribution
pursuant to the Heber Reorganization Plan. As to each Heber Debtor, a Claim or
Equity Interest shall be deemed classified in a particular Class or Subclass
only to the extent that the Claim or Equity Interest qualifies within the
description of that Class or Subclass and shall be deemed classified in a
different Class or Subclass to the extent that any remainder of the Claim or
Equity Interest qualifies within the description of such different Class or
Subclass. A Claim or Equity Interest is in a particular Class or Subclass only
to the extent that such Claim or Equity Interest is Allowed in that Class or
Subclass and has not been paid or otherwise settled prior to the Effective Date.
ARTICLE IV
TREATMENT OF CLAIMS AND EQUITY INTERESTS
The following is a designation of the treatment to be accorded,
with respect to each Heber Debtor, to each Class of Claims and Equity Interests
denominated in this Heber Reorganization Plan.
As to each Heber Debtor, the treatment of and consideration to
be provided on account of Claims and Equity Interests pursuant to the Heber
Reorganization Plan shall be in full settlement, release and discharge of such
Claims and Equity Interests; provided, however, that such discharge shall not
affect the liability of any other entity to, or the property of any other entity
encumbered to secure payment to, the holder of any such Claim or Equity
Interest, except as otherwise provided in the Heber Reorganization Plan; and
provided, further, that such discharge shall not encompass the Heber Debtors'
obligations under this Heber Reorganization Plan.
No Claim shall entitle the holder thereof to any Distribution
pursuant to this Heber Reorganization Plan unless, and only to the extent that,
such Claim is an Allowed Claim. All Distributions on account of Allowed Claims
shall be made on the applicable Distribution Date.
4.1 Class 1 - Allowed Priority Non-Tax Claims.
a. Classification: Class 1 consists of all Allowed Priority
Non-Tax Claims.
b. Treatment: Each holder of an Allowed Class 1 Claim shall
receive, in full settlement, release and discharge of its Class 1 Claim, either
(i) Cash, on the Distribution Date, in an amount equal to such Allowed Claim, or
(ii) such other less favorable terms as Covanta and the holder of an Allowed
Priority Non-Tax Claim agree; provided, however, that no agreement under
subsection (ii) above shall impose any obligation upon the Reorganized Heber
Debtors beyond the payment of amounts calculated in accordance with the Working
Capital Adjustment.
c. Voting: Class 1 Claims are Unimpaired, and the holders of
Allowed Class 1 Claims are not entitled to vote to accept or reject the Heber
Reorganization Plan.
4.2 Class 2H - Allowed GECC Secured Claims.
a. Classification: Class 2H consists of all Allowed GECC Secured
Claims. Class 2H is divided into two Subclasses for Distribution purposes:
Subclass 2H-A consists of all Allowed GECC Secured SIGC Claims and Subclass 2H-B
consists of all Allowed GECC Secured HGC/HFC Claims.
b. Treatment: The holder of the Allowed Subclass 2H-A Claims
shall retain, unaltered, the legal, equitable and contractual rights, including,
without limitation, any valid and perfected Liens that secure such Allowed
Claim, provided, however, that the assets of the Heber Debtors subject to the
GECC Liens may be sold, subject to such GECC Liens, as part of the Geothermal
Sale contemplated by this Heber Reorganization Plan.
Covanta shall pay to each holder of an Allowed Subclass 2H-B
Claim, in full settlement, release and discharge of its Subclass 2H-B Claim,
either (i) Cash, on the Effective Date, in an amount equal to such Allowed
Subclass 2H-B Claim, or (ii) such other less favorable terms as Covanta and the
holder of an Allowed GECC Secured HGC/HFC Claim agree provided, however, that no
agreement under subsection (ii) above shall impose any obligation upon the
Reorganized Heber Debtors beyond the payment of amounts calculated in accordance
with the Working Capital Adjustment.
c. Voting: Class 2H Claims are Unimpaired, and the holder of the
Allowed Class 2H Claims is not entitled to vote to accept or reject the Heber
Reorganization Plan.
4.3 Class 3H - Allowed Heber Secured Claims.
a. Classification: Class 3H consists of all Allowed Secured
Claims other than Allowed GECC Secured Claims.
b. Treatment: On the Effective Date, the legal, equitable and
contractual rights of the holders of Allowed Class 3H Claims will be reinstated
in full satisfaction, release and discharge of their respective Class 3H Claims
and will remain unaltered, except as the relevant Heber Debtor (or, on or after
the Effective Date, Reorganized Heber Debtor) and the holders of Allowed Class
3H Claims may otherwise agree or as such holders may otherwise consent.
Notwithstanding the foregoing, no contractual provisions or applicable law that
would entitle the holder of an Allowed Class 3H Claim to demand or receive
payment of such Claim prior to the stated maturity of such Claim, terminate any
contractual relationship or take such other enforcement action (as may be
applicable) from and after the occurrence of a default that occurred prior to
the Effective Date shall be enforceable against the Reorganized Heber Debtors.
In the lieu of the foregoing, any Heber Debtor (or, on or after the Effective
Date, Reorganized Heber Debtor) may, at its election, make a Cash payment to the
holder of an Allowed Class 3H Claim equal to the full amount of the holder's
Allowed Class 3H Claim, together with interest at the legal rate to the extent
required by law, in full settlement, release and discharge of such Class 3H
Claim.
c. Voting: Class 3H Claims are Unimpaired, and holders of
Allowed Class 3H Claims are not entitled to vote to accept or reject the Heber
Reorganization Plan.
4.4 [Intentionally Omitted.]
4.5 [Intentionally Omitted.]
4.6 [Intentionally Omitted.]
4.7 Class 7 - Allowed Unsecured Claims.
a. Classification: Class 7 consists of all Allowed Unsecured
Claims.
b. Treatment: On the Distribution Date, each holder of an
Allowed Class 7 Claim shall receive, in full settlement, release and discharge
of its Class 7 Claim, a Cash payment equal to the full amount of its Allowed
Class 7 Claim, together with interest at the legal rate to the extent required
by law.
c. Voting: Class 7 Claims are Unimpaired and the holders Allowed
Class 7 Claims are not entitled to vote to accept or reject this Heber
Reorganization Plan.
4.8 Class 8 - Heber Intercompany Claims
a. Classification: Class 8 consists of all Heber Intercompany
Claims.
b. Treatment: The legal, equitable and contractual rights of
holders of Heber Intercompany Claims in respect of such claim shall not be
affected, altered or Impaired under this Heber Reorganization Plan.
c. Voting: Class 8 Claims are Unimpaired and the holders Allowed
Class 8 Claims are not entitled to vote to accept or reject this Heber
Reorganization Plan.
4.9 Class 9 - Intercompany Claims.
a. Classification: Class 9 consists of all Intercompany Claims.
b. Treatment: On the Effective Date, all Intercompany Claims
shall be cancelled, annulled and extinguished. Holders of such Claims shall
receive no Distributions in respect of Class 9 Claims.
c. Voting: Class 9 Claims are Impaired, and the holders of
Allowed Class 9 Claims are conclusively presumed to reject the Heber
Reorganization Plan. The votes of the holders of Allowed Class 9 Claims will not
be solicited.
4.10 [Intentionally Omitted.]
4.11 [Intentionally Omitted.]
4.12 [Intentionally Omitted.]
4.13 [Intentionally Omitted.]
4.14 Class 14 - Equity Interests in Heber Debtors.
a. Classification: Class 14 consists of all Equity Interests in
the Heber Debtors.
b. Treatment: Holders of Allowed Class 14 Equity Interests shall
not receive any Distribution under this Heber Reorganization Plan in respect of
Class 14 Equity Interests, except any such Equity Interests shall continue to be
held by the Heber Debtor or Reorganized Heber Debtor that originally held such
Equity Interests, which Equity Interests shall continue to be evidenced by the
existing capital stock, partnership interests or membership interests.
c. Voting: Class 14 Equity Interests are Impaired, and the
holders of Allowed Class 14 Equity Interests are conclusively presumed to reject
this Heber Reorganization Plan. The votes of holders of Allowed Class 14 Equity
Interests will not be solicited.
ARTICLE V
ACCEPTANCE OR REJECTION OF THE REORGANIZATION PLAN
5.1 Presumed Acceptance of Plan. Holders of Claims in Classes 1, 2H, 7
and 8 are Unimpaired by this Heber Reorganization Plan. In accordance with
section 1126 of the Bankruptcy Code, holders of Allowed Claims in such Classes
are conclusively presumed to accept this Heber Reorganization Plan and the votes
of holders of such Claims will not be solicited.
5.2 Presumed Rejection of Plan. Holders of Claims and Equity Interests
in Classes 9 and 14 are Impaired and are not entitled to receive any
Distribution under this Heber Reorganization Plan on account of such Claims or
Equity Interests. In accordance with section 1126 of the Bankruptcy Code,
holders of Allowed Claims and Equity Interests in such Classes are conclusively
presumed to reject this Heber Reorganization Plan and are not entitled to vote.
As such, the votes of such holders will not be solicited with respect to such
Claims and Equity Interests.
5.3 Cramdown. The Heber Debtors hereby (a) request that the Court
confirm the Heber Reorganization Plan in accordance with section 1129(b) of the
Bankruptcy Code or (b) modify, alter or amend this Heber Reorganization Plan to
provide treatment sufficient to assure that this Heber Reorganization Plan does
not discriminate unfairly, and is fair and equitable, with respect to the Class
or Classes not accepting this Heber Reorganization Plan, and, in particular, the
treatment necessary to meet the requirements of subsections 1129(a) or (b) of
the Bankruptcy Code with respect to the rejecting Classes and any other Classes
affected by such modifications.
ARTICLE VI
MEANS FOR IMPLEMENTATION
6.1 Implementation of the Geothermal Sale. The implementation of this
Heber Reorganization Plan is predicated upon the approval by the Court of the
Geothermal Sale, and the consummation thereof hereunder. The terms and
conditions of the Geothermal Sale are incorporated herein and shall be deemed
included as part of this Heber Reorganization Plan for all purposes. The
following description of the Geothermal Sale is a summary of the Purchase
Agreement and is qualified in its entirety by the terms thereof and by the terms
of any Alternative Transaction.
(a) The Purchase Agreement provides for a base Purchase Price of
$170,000,000, which amount is subject to adjustment as provided in the Purchase
Agreement.
(b) The Purchase Agreement provides for the sale of the Equity
Interests, which corresponds to all of the respective ownership interests of the
Debtor Sellers in the Heber Debtors.
(c) As a condition to Closing, the Debtors must receive Court
approval of, among other things, the (i) sale of the Geothermal Business as
contemplated by the Purchase Agreement; (ii) Break-Up Fee and Expense
Reimbursement; (iii) assumption by the respective Heber Debtors of the contracts
set forth in Schedule 3.3(a) to the Purchase Agreement; and (iv) assignment of
the O&M Contracts by the Debtor Operators to the Proposed Buyers. In addition,
the Debtors shall have received formal approval of the DIP Lenders, consenting
to the consummation of the transactions contemplated in the Purchase Agreement
and releasing security interests granted to them pursuant to the DIP Security
Agreement.
(d) At least one Business Day prior to the Closing Date, Covanta
and the Sellers shall cause each of the Holding Companies, Mammoth Geothermal
Company and Pacific Geothermal Company to convert to limited liability company
status and shall not have elected to be taxed as a corporation following such
conversion; provided, that Covanta and the Sellers shall have no obligation to
cause such conversion unless the Proposed Buyers shall have given adequate
assurance that the Closing shall occur.
(e) Among other things, at the Closing, the following events
shall occur:
(i) The Debtor Sellers shall sell, convey, assign,
transfer and deliver their respective Equity Interests in SIGC One Sub, SIGC Two
Sub, HFC Project Company and HGC Project Company to the Proposed Buyers as
provided in the Purchase Agreement, which Equity Interests shall continue to be
evidenced by the existing partnership or membership interests;
(ii) Equity Interests in Amor and SIGC Project Company
shall be held by the Heber Debtor that originally held such Equity Interests,
which Equity Interests shall continue to be evidenced by the existing
partnership or membership interests;
(iii) Proposed Buyers shall deliver to the Sellers an
amount that, together with the Initial Deposit, equals the Purchase Price, by
wire transfer of immediately available funds to an account designated by the
Sellers;
(iv) the Heber Debtors will assume all executory contracts
and unexpired leases relating to the Geothermal Business to which they are
parties (except for contracts previously assumed), which contracts and leases
will be transferred to the Proposed Buyers through their acquisition of the
ownership interests in the Heber Debtors.
(v) Certain of the Debtor Sellers and certain of the
Debtor Operators will assume and assign certain contracts relating to the
Geothermal Business to the Proposed Buyers. The Debtor Operators will assign
their previously assumed O&M Contracts to the Proposed Buyers.
(vi) To the extent not already paid, Covanta shall cause
all undisputed Cure Amounts and HFC Settlement Payments to be paid to holder of
such Claims.
6.2 Authorization of Transfer of Equity Interests. On the Effective
Date, the Debtor Sellers are authorized to sell, convey, assign, transfer and
deliver their respective Equity Interests in SIGC One Sub, SIGC Two Sub, HFC
Project Company and HGC Project Company without the need for further corporate
action, and in accordance with the Purchase Agreement. Furthermore, Amor and
SIGC Project Company shall be authorized and shall reinstate their respective
Equity Interests.
6.3 Cancellation of Existing Securities and Agreements. Except for
purposes of evidencing a right to Distributions under this Heber Reorganization
Plan or as otherwise provided hereunder, on the Effective Date, all the
agreements and other documents evidencing (i) any Claims or rights of any holder
of a Claim against the applicable Heber Debtor, including all indentures and
notes evidencing such Claims and (ii) any options or warrants to purchase Equity
Interests, obligating the applicable Heber Debtor to issue, transfer or sell
Equity Interests or any other capital stock of the applicable Heber Debtor,
shall be cancelled without the need for further action; provided, however, that
notwithstanding the foregoing, the Reorganized Heber Debtors shall remain
obligated with respect to the GECC Liens and Permitted Encumbrances in property
of the Reorganized Heber Debtors, except to the extent such obligations have
been satisfied as of the Effective Date.
6.4 Board of Directors and Executive Officers. Each of the directors
and/or officers of each of the Heber Debtors shall resign their positions on or
prior to the Effective Date. At or before the Confirmation Hearing, Buyers shall
comply with the applicable provisions of section 1129(a)(5) of the Bankruptcy
Code.
6.5 Deemed Consolidation of Heber Debtors for Plan Purposes Only.
Subject to the occurrence of the Effective Date, the Reorganized Heber Debtors
shall be deemed consolidated solely for the following purposes under the Heber
Reorganization Plan: (i) as provided with respect to Class 14 Equity Interests,
no Distributions shall be made under the Heber Reorganization Plan on account of
Equity Interests in Amor and SIGC Project Company; and (ii) in some instances,
Claims against more than one Heber Debtor have been grouped together into a
single Class of Claims for distribution purposes.
Such deemed consolidation, however, shall not affect: (i) the
legal and organizational structure of the Reorganized Heber Debtors; (ii) the
ownership interest of any Heber Debtor in any other Heber Debtor; and (iii) pre
and post-Petition Date guarantees, Liens and security interests that are
required to be maintained (a) in connection with executory contracts or
unexpired leases that were entered into during the Chapter 11 Cases or that have
been or will be assumed or (b) pursuant to this Heber Reorganization Plan or the
instruments and documents issued in connection herewith.
6.6 Continued Corporate Existence; Vesting of Assets in the Reorganized
Heber Debtors and Corporate Restructuring. Each of the Heber Debtors shall, as a
Reorganized Heber Debtor, continue to exist after the Effective Date as a
separate legal entity, with all powers of a corporation, limited liability
company or general or limited partnership, as the case may be, under the laws of
their respective states of incorporation or organization and without prejudice
to any right to alter or terminate such existence (whether by merger or
otherwise) under such applicable state law. The Reorganized Heber Debtors shall
be revested with their assets as provided in Section 11.1 of this Heber
Reorganization Plan, subject to the GECC Liens and Permitted Encumbrances.
6.7 Conversion to Limited Liability Company Status. Pursuant to the
terms of the Purchase Agreement, at least one Business Day prior to the Closing
Date, Covanta and the Sellers shall have caused each of the Holding Companies,
Mammoth Geothermal Company and Pacific Geothermal Company to convert to limited
liability company status and shall not have elected to be taxed as a corporation
following such conversion; provided, however, that Covanta and the Sellers shall
have no such obligation unless the Buyers shall have given adequate assurance
that Closing shall occur.
6.8 Amended Organizational Documents. On the Effective Date, the
Reorganized Heber Debtors are authorized to, and shall, without the need for any
further corporate action, adopt and, as applicable, file their respective
amended organizational documents with the applicable Secretary of State. The
amended organizational documents shall prohibit the issuance of nonvoting equity
securities, as required by sections 1123(a) and (b) of the Bankruptcy Code,
subject to further amendment as permitted by applicable law.
6.9 Settlements. Except to the extent the Court has entered a separate
order providing for such approval, the Confirmation Order shall constitute an
order (a) approving as a compromise and settlement pursuant to section
1123(b)(3)(A) of the Bankruptcy Code and Bankruptcy Rule 9019, any settlement
agreements entered into by any Heber Debtor or any other Person as contemplated
in confirmation of this Heber Reorganization Plan, and (b) authorizing the Heber
Debtors' execution and delivery of all settlement agreements entered into or to
be entered into by any Heber Debtor or any other Person as contemplated by this
Heber Reorganization Plan and all related agreements, instruments or documents
to which any Heber Debtor is a party.
6.10 Payment of GECC Secured HGC/HFC Claims. On or prior to the
Effective Date, the Debtor Sellers and Covanta shall have paid all GECC Secured
HGC/HFC Claims.
6.11 Payment of Covanta Power Pacific, Inc. Debt. On or prior to the
Closing Date, Covanta shall have repaid all amounts outstanding under the Loan
Agreement, dated as of April 10, 1998, among Ogden Power Pacific, Inc. and
Bayerische Vereinsbank, AG, New York Branch and the lenders referred to therein,
as amended.
ARTICLE VII
DISTRIBUTIONS
7.1 Distribution Record Date. As of the close of business on the
Distribution Record Date, the applicable Heber Debtors' books and records for
each of the Classes of Claims or Equity Interests as maintained by such Heber
Debtor or its respective agent, shall be deemed closed, and there shall be no
further changes in the record holders of any of the Claims or Equity Interests.
The applicable Heber Debtor shall have no obligation to recognize any transfer
of Claims or Equity Interests occurring on or after the applicable Distribution
Record Date. The applicable Heber Debtor shall be entitled to recognize and deal
for all purposes hereunder only with those record holders stated in the books
and records of the applicable Heber Debtor or its respective agent, as of the
close of business on the Distribution Record Date, to the extent applicable.
7.2 Date of Distributions. Unless otherwise provided herein, any
Distributions and deliveries to be made hereunder shall be made on the Effective
Date or as soon thereafter as is practicable. In the event that any payment or
act under this Heber Reorganization Plan is required to be made or performed on
a date that is not a Business Day, then the making of such payment or the
performance of such act may be completed on the next succeeding Business Day,
but shall be deemed to have been completed as of the initial due date.
7.3 Manner of Payment Under Plan. All Distributions of Cash to the
holders of Allowed Claims against each of the Heber Debtors under this Heber
Reorganization Plan shall be made as provided in this Heber Reorganization Plan
and shall be accounted for and adjusted between the parties to the Purchase
Agreement as and to the extent contemplated in accordance with the applicable
terms of the Working Capital Adjustment. Any Cash payments may be accomplished
by a check or wire transfer or as otherwise required or provided in applicable
agreements.
7.4 Inquiries Concerning Distributions. Following the Effective Date,
requests for payment of Distributions, or inquiries with respect thereto, shall
be directed in the first instance to the Reorganized Heber Debtors. The
Reorganized Heber Debtors shall promptly inform Covanta of any such requests or
inquiries that relate to payments for which Covanta may be responsible.
7.5 Surrender of Instruments. As a condition to receiving any
Distribution under this Heber Reorganization Plan, each holder of an Allowed
Claim represented by a certificated instrument or note must surrender such
instrument or note held by it to the applicable Reorganized Heber Debtor or its
designee at least ten (10) Business Days prior to the Effective Date, unless
such certificated instrument or note is being reinstated or being left
unimpaired under this Heber Reorganization Plan. Any entity that is so required
to surrender such instrument or note that fails to (i) surrender such instrument
or note or (ii) execute and deliver an affidavit of loss and/or indemnity
reasonably satisfactory to the applicable Reorganized Heber Debtor or furnish a
bond in form, substance and amount reasonably satisfactory to the applicable
Reorganized Heber Debtor before the first anniversary of the Effective Date,
shall be deemed to have forfeited all rights and Claims and may not participate
in any Distribution under this Heber Reorganization Plan in respect of such
Claim. Any other holder of an Allowed Claim who fails to take such action as
reasonably required by the Reorganized Heber Debtor or its designee to receive
its Distribution hereunder before the first anniversary of the Effective Date,
or such earlier time as otherwise provided for in this Heber Reorganization
Plan, may not participate in any Distribution under this Heber Reorganization
Plan in respect of such Claim. Any Distribution forfeited hereunder shall become
property of the Reorganized Heber Debtors. Upon the Effective Date, the GECC
Liens with respect to the Equity Interests in SIGC One Sub, SIGC Two Sub, Amor
and SIGC Project Company shall be deemed transferred to the membership interest
in such entities without further corporate action, in accordance with the terms
of the Purchase Agreement.
7.6 Delivery of Distributions. Distributions to holders of Allowed
Claims shall be made at the Distribution Address. If any holder's Distribution
is returned as undeliverable, no further Distributions to such holder shall be
made unless and until the applicable Reorganized Heber Debtor is notified of
such holder's then current address, at which time all missed Distributions shall
be made to such holder without interest on or before one hundred and twenty
(120) days after the date such undeliverable Distribution was initially made.
After such date, all unclaimed property shall be used to satisfy the costs of
administering and fully consummating this Heber Reorganization Plan or become
property of the applicable Reorganized Heber Debtor, and the holder of any such
Claim shall not be entitled to any other or further distribution under this
Heber Reorganization Plan on account of such Claim.
7.7 Exemption from Securities Laws. The issuance or transfer of any
securities pursuant to this Heber Reorganization Plan shall be exempt from any
securities laws registration requirements to the fullest extent permitted by
section 1145(a)(1)(A) of the Bankruptcy Code and section (3)(a)(7) of the
Securities Act of 1933.
7.8 Setoffs. Each Heber Debtor may, in accordance with the provisions
of the Heber Reorganization Plan, section 553 of the Bankruptcy Code and
applicable non-bankruptcy law, set off against any Allowed Claim and the
Distributions to be made pursuant to this Heber Reorganization Plan on account
of such Allowed Claim (before any Distribution is made on account of such
Allowed Claim), the Claims, rights and causes of action of any nature that such
Heber Debtor may hold against the holder of such Allowed Claim; provided,
however, that neither the failure to effect such a setoff nor the allowance of
any Claim hereunder shall constitute a waiver or release by the applicable Heber
Debtor of any such Claims, rights and causes of action that the applicable Heber
Debtor may possess against such holder; and provided, further that any Claims of
each Heber Debtor arising before the Petition Date shall only be setoff against
Claims against such Heber Debtor arising before the Petition Date.
7.9 Allocation of Plan Distribution Between Principal and Interest. All
Distributions in respect of any Allowed Claim shall be allocated first to the
principal amount of such Allowed Claim, as determined for federal income tax
purposes, and thereafter, to the remaining portion of such Allowed Claim, if
any.
7.10 Withholding and Reporting Requirements. In connection with this
Heber Reorganization Plan and all instruments issued in connection therewith and
distributed thereon, any party making disbursements hereunder shall comply with
all applicable withholding and reporting requirements imposed by any federal,
state or local taxing authority, and all distributions under this Heber
Reorganization Plan shall be subject to any such withholding or reporting
requirements.
7.11 Time Bar to Cash Payments. Checks issued in respect of Allowed
Claims shall be null and void if not negotiated within ninety (90) days after
the date of issuance thereof. Requests for reissuance of any check shall be made
to the party issuing such check by the holder of the Allowed Claim to whom such
check originally was issued. Any Claim in respect of such voided check shall be
made on or before thirty (30) days after the expiration of the sixty (60) day
period following the date of issuance of such check. After such date, all funds
held on account of such voided check may be used to satisfy the costs of
administering and fully consummating this Heber Reorganization Plan and shall be
subject to the applicable provisions of the Working Capital Adjustment, and the
holder of any such Allowed Claim shall not be entitled to any other or further
Distribution under this Heber Reorganization Plan on account of such Allowed
Claim.
7.12 Closing of Chapter 11 Cases. As to each Heber Debtor, when
substantially all Disputed Claims have become Allowed Claims or have been
disallowed by Final Order, and all Distributions in respect of Allowed Claims
have been made in accordance with this Heber Reorganization Plan, or at such
earlier time as the Reorganized Heber Debtors deem appropriate, the Reorganized
Heber Debtors shall seek authority from the Court to close their respective
Chapter 11 Cases in accordance with the Bankruptcy Code and the Bankruptcy
Rules.
ARTICLE VIII
PROCEDURES FOR RESOLVING AND TREATING DISPUTED CLAIMS
8.1 No Distribution Pending Allowance. Notwithstanding any other
provision of this Heber Reorganization Plan, no Cash shall be distributed under
this Heber Reorganization Plan on account of any Disputed Claim, unless and
until all objections to such Disputed Claim have been settled or withdrawn or
have been determined by Final Order and the Disputed Claim, or some portion
thereof, has become an Allowed Claim.
8.2 Resolution of Disputed Claims and Equity Interests.
(a) Unless otherwise ordered by the Court after notice and a
hearing, the Heber Debtors, Reorganized Heber Debtors and Covanta shall have the
exclusive right to make and file objections to Claims (other than Administrative
Expense Claims) and shall serve a copy of each objection upon the holder of the
Claim to which the objection is made as soon as practicable, but in no event
later than one hundred and twenty (120) days after the Effective Date; provided,
however, that such one hundred and twenty (120) day period may be automatically
extended by the Reorganized Heber Debtors, without any further application to,
or approval by, the Court, for up to an additional thirty (30) days. The
foregoing deadlines for filing objections to Claims shall not apply to Claims
for tort damages and, accordingly, no such deadline shall be imposed by this
Heber Reorganization Plan. Notwithstanding any authority to the contrary, an
objection to a Claim shall be deemed properly served on the holder thereof if
service is affected in any of the following manners: (i) in accordance with Rule
4 of the Federal Rules of Civil Procedure, as modified and made applicable by
Bankruptcy Rule 7004; (ii) by first class mail, postage prepaid, on the
signatory on the proof of claim or interest or other representative identified
in the proof of claim or interest or any attachment thereto; or (iii) by first
class mail, postage, on any counsel that has appeared on the holder's behalf in
the Chapter 11 Cases.
(b) Except with respect to Administrative Expense Claims as to
which the Administrative Expense Claim Bar Date does not apply, Administrative
Expense Claims must be filed with the Court and served on counsel for the Heber
Debtors and Buyers on or before the Administrative Expense Claim Bar Date. The
Heber Debtors, Reorganized Heber Debtors, Covanta or the United States Trustee
may make and file objections to any such Administrative Expense Claim and shall
serve a copy of each objection upon the holder of the Claim to which the
objection is made as soon as practicable, but in no event later than one hundred
and eighty (180) days after the Effective Date. In the event that any such
objection is filed, the Court shall determine the Allowed amount of any such
Administrative Expense Claim.
8.3 Estimation of Claims and Equity Interests. The Heber Debtors,
Reorganized Heber Debtors or Covanta may at any time request that the Court
estimate any contingent, unliquidated or Disputed Claim pursuant to section
502(c) of the Bankruptcy Code, regardless of whether such requester has
previously objected to such Claim or whether the Court has ruled on any such
objection, and the Court will retain jurisdiction to estimate any Claim at any
time during litigation concerning any objection to any Claim. In the event that
the Court estimates any Disputed Claim, that estimated amount may constitute
either the Allowed amount of such Claim or a maximum limitation on such Claim,
as determined by the Court. If the estimated amount constitutes a maximum
limitation on such Claim, the Heber Debtors, Reorganized Heber Debtors or
Covanta, as the case may be, may elect to pursue any supplemental proceedings to
object to any ultimate payment of such Claim. All of the aforementioned Claims
objection, estimation and resolution procedures are cumulative and not
necessarily exclusive of one another.
8.4 Reserve Account for Disputed Claims. Following the Effective Date,
Covanta shall hold in one or more Disputed Claims Reserves, for each Class in
which there are any Disputed Claims, Cash in an aggregate amount sufficient to
pay to each holder of a Disputed Claim the amount of Cash that such holder would
have been entitled to receive pro rata under this Heber Reorganization Plan if
such Claim had been an Allowed Claim in such Class. Cash withheld and reserved
for payments to holders of Disputed Claims in any Class shall be held and
deposited in one or more segregated interest-bearing reserve accounts for each
Class of Claims in which there are Disputed Claims entitled to receive Cash, to
be used to satisfy the Disputed Claims if and when such Disputed Claims become
Allowed Claims.
8.5 Allowance of Disputed Claims. With respect to any Disputed Claim
that is subsequently deemed Allowed, on the Distribution Date for any such
Claim, Covanta shall distribute from the Disputed Claims Reserve Account
corresponding to the Class in which such Claim is classified to the holder of
such Allowed Claim the amount of Cash that such holder would have been entitled
to recover pro rata under this Heber Reorganization Plan if such Claim had been
an Allowed Claim on the Effective Date, together with such claimholder's Pro
Rata Class Share of net interest, if any, on such Allowed Claim. For purposes of
the immediately preceding sentence, such holder's Pro Rata Class Share of net
interest shall be calculated by multiplying the amount of interest on deposit in
the applicable Disputed Claims Reserve account on the date immediately preceding
the date on which such Allowed Claim is to be paid by a fraction, the numerator
of which shall equal the amount of such Allowed Claim and the denominator of
which shall equal the amount of all Claims for which deposits are being held in
the applicable Disputed Claims Reserve account on the date immediately preceding
the date on which such Allowed Claim is to be paid.
8.6 Release of Funds from Disputed Claims Reserve. If at any time or
from time to time after the Effective Date, there shall be Cash in a Disputed
Claims Reserve account in an amount in excess of the maximum remaining payment
obligations to the then existing holders of Disputed Claims in the Class of
Claims corresponding to such Disputed Claims Reserve account under this Heber
Reorganization Plan, such excess funds, and the Pro Rata Class Share of net
interest in respect thereof, shall become property of Covanta.
8.7 Cure Amounts with respect to Executory Contracts or Unexpired
Leases. Disputes concerning cure amounts arising from executory contracts or
unexpired leases assumed by the Heber Debtors shall be governed by Sections 9.3
and 9.9 of this Heber Reorganization Plan.
ARTICLE IX
TREATMENT OF EXECUTORY
CONTRACTS AND UNEXPIRED LEASES
9.1 Heber Debtor Contracts. Upon the Effective Date, all Heber Debtor
Contracts, including the Heber Debtor Contracts identified on Exhibit B attached
hereto and the mineral rights leases and related agreements identified on
Exhibit C attached hereto, shall be deemed assumed by the Heber Debtor that is a
party to such Heber Debtor Contract; except for any contract or lease that (a)
has been previously assumed or rejected pursuant to a Final Order of the Court,
(b) is specifically designated as a contract or lease on the Schedule of
Rejected Contracts and Leases, or (c) is the subject of a separate motion to
assume or reject filed under section 365 of the Bankruptcy Code by one of the
Debtors on or prior to the Confirmation Hearing. Any affiliate of a Heber Debtor
that is a party to a Heber Debtor Contract shall assign its rights and
obligations under such Heber Debtor Contract to Buyers at Closing, provided that
such Heber Debtor Contract is assumed pursuant to this Heber Reorganization
Plan. The listing of a document on Exhibits B and C hereto shall not constitute
an admission that such document is an executory contract or unexpired lease or
that the Heber Debtors have any liability thereunder. The Heber Debtors may
amend Exhibits B and C to add or delete any contract or lease at or prior to the
Confirmation Hearing. Additionally, upon the Effective Date, the Heber Debtor
Contracts identified on Exhibit F hereto, which previously have been assumed by
Final Order of the Court, shall be transferred through the transfer of Equity
Interests to the applicable Buyers pursuant the terms of the Purchase Agreement.
9.2 Additional Contracts. Certain of the Debtor Sellers and certain of
the Debtor Operators are also parties, along with the Heber Debtors, to certain
of the Heber Debtor Contracts or parties to various other contracts relating to
the Geothermal Business. Such Additional Contracts are identified on Exhibit D
attached hereto. In accordance with section 365(f) of the Bankruptcy Code, upon
the Effective Date, the Additional Contracts shall be assumed and assigned to
Buyers pursuant to the terms of the Purchase Agreement or an Alternative
Transaction. In addition, upon the Effective Date, the Debtor Operators shall
assign to Buyers the O&M Contracts identified on Exhibit E. The listing of a
document on Exhibits D and E hereto shall not constitute an admission that such
document is an executory contract or unexpired lease or that the Heber Debtors
have any liability thereunder. The Heber Debtors may amend Exhibits D and E to
add or delete any contract or lease at or prior to the Confirmation Hearing.
9.3 Cure of Defaults. Exhibits B, C, D and E hereto set forth the Cure
Amounts determined by the Heber Debtors and the Debtors, based upon a review of
their books and records and the relevant documents, necessary to cure any and
all defaults existing under each of the contracts identified therein pursuant to
section 365(b) of the Bankruptcy Code. The Cure Amounts shall be final and
binding on parties identified on Exhibits B, C, D and E hereto (or their
successors and assigns) and shall not be subject to further dispute or audit
based on performance prior to the time of assumption, irrespective of whether
such assumed executory contract or unexpired lease contains an audit clause;
provided, however, that the terms of the HFC Royalty Settlement Order shall
control the Cure Amounts owed to parties to the HFC Royalty Settlement,
including Cure Amounts fixed in additional settlement agreements contemplated
and authorized by such Order. The holders of Heber Royalty Settled Claims shall
be entitled to receive both the Cure Amounts and the HFC Royalty Settlement
Payments.
9.4 Objections. Any objection to (i) assumption, assignment or
rejection of the contracts or leases pursuant to this Heber Reorganization Plan
or (ii) Cure Amounts must be in writing, shall state with particularity the
reasons for the objection or response, and shall be filed with the Court and
served upon co-counsel to the Debtors, Cleary, Gottlieb, Steen & Hamilton, One
Liberty Plaza, New York, New York 10006, Attention: Deborah M. Buell, Esq. and
James L. Bromley, Esq., and Jenner & Block LLC, One IBM Plaza, Chicago, Illinois
60611, Attention: Vincent E. Lazar, Esq., so as to be filed and received by 4:00
p.m. (Prevailing Eastern Time) on or before seven (7) days prior to the
Confirmation Hearing. Only those objections that have been timely filed and
served may be considered by the Court at the Confirmation Hearing. Any objection
as to Cure Amounts must state with specificity the Cure Amount the objecting
party believes is required and provide appropriate documentation in support
thereof. If no objection to a particular Cure Amount is timely received, the
Cure Amount set forth on Exhibits B, C, D, and E shall be controlling
notwithstanding anything to the contrary in any such contract or lease, and the
counterparty thereto shall be forever barred from asserting any other claim
arising prior to the assumption or assumption and assignment against the
Debtors, the Heber Debtors, the Reorganized Heber Debtors or the Buyer as to
such Cure Amounts; provided, however, that the terms of the HFC Royalty
Settlement Order shall control the Cure Amounts owed to parties to the HFC
Royalty Settlement, including Cure Amounts fixed in additional settlement
agreements contemplated and authorized by such Order. In the event of a dispute
regarding any Cure Amount or the ability of the Heber Debtor or other Debtors to
assume and/or assign a particular contract or lease, including providing
adequate assurance of future performance, the applicable Debtor may determine to
reject such contract or lease and otherwise will provide for payments required
by section 365(b)(1) of the Bankruptcy Code only after the entry of a Final
Order resolving such dispute.
9.5 Approval of Assumption of Certain Executory Contracts. Subject to
Sections 9.1, 9.2 and 9.3 of this Heber Reorganization Plan, the executory
contracts and unexpired leases of the Heber Debtors listed on Exhibits B, C, D
and E hereto shall be assumed by the Heber Debtors and, as applicable, assigned
to the relevant Buyer as of the Effective Date. Except as may otherwise be
ordered by the Court, the Heber Debtors shall have the right to cause any
assumed executory contract or unexpired lease to vest in the Reorganized Heber
Debtor designated for such purpose by the Heber Debtors.
9.6 Approval of Rejection of Executory Contracts and Unexpired Leases.
Entry of the Confirmation Order shall constitute the approval, pursuant to
section 365(a) of the Bankruptcy Code, of the rejection of any executory
contracts and unexpired leases to be rejected as and to the extent provided in
Section 9.1 of this Heber Reorganization Plan.
9.7 Deemed Consents. Unless a counterparty to an executory contract,
unexpired lease, license or permit objects to the applicable Debtor's assumption
thereof in writing on or before seven (7) days prior to the Confirmation
Hearing, then, unless such executory contract, unexpired lease, license or
permit has been rejected by the applicable Debtor or will be rejected by
operation of the Heber Reorganization Plan, the Reorganized Heber Debtors shall
enjoy all the rights and benefits under each such executory contract, unexpired
lease, license and permit without the necessity of obtaining such counterparty's
written consent to assumption or retention of such rights and benefits.
9.8 Bar Date for Rejection Damage Claims. Claims arising out of the
rejection of an executory contract or unexpired lease pursuant to Section 9.1 of
this Heber Reorganization Plan must be filed with the Court no later than the
later of (i) fifteen (15) days after the Effective Date, and (ii) fifteen (15)
days after entry of an order rejecting such executory contract or lease. Any
Claims not filed within such time period will be forever barred from assertion
against any of the Debtors, the Heber Debtors or the Reorganized Heber Debtors.
9.9 Cure Amount Disputes. Without prejudice to Proposed Buyers' rights
under the Purchase Agreement, any executory contract or unexpired lease that is
subject to a Cure Amount dispute may be added by the Heber Debtors or
Reorganized Heber Debtors to the Schedule of Rejected Contracts and Leases at
any time, including, without limitation, after the resolution by the Court of
such Cure Amount dispute, regardless of the occurrence of the Confirmation Date
or the Effective Date, based on the existence of such dispute.
ARTICLE X
CONDITIONS PRECEDENT TO THE CONFIRMATION DATE
AND THE EFFECTIVE DATE
10.1 Conditions to Confirmation. Each of the following is a condition
to the Confirmation Date:
(a) the entry of a Final Order finding that the Disclosure
Statement contains adequate information pursuant to section 1125 of the
Bankruptcy Code;
(b) the proposed Confirmation Order and this Heber
Reorganization Plan shall be in form and substance, reasonably acceptable to the
Heber Debtors, Buyers and DIP Agents;
(c) all material provisions, terms and conditions hereof are
approved in the Confirmation Order;
(d) the Confirmation Date shall occur no later than December 15,
2003;
(e) the Confirmation Order shall authorize and approve the
Geothermal Sale and contain a finding that the Geothermal Sale shall be deemed
to be incorporated into and consummated under this Heber Reorganization Plan for
all purposes.
(f) The Confirmation Order shall authorize all other
transactions contemplated herein and the Plan Documents in order to effectuate
this Heber Reorganization Plan or that are necessary or appropriate to
effectuate this Heber Reorganization Plan.
10.2 Conditions Precedent to the Effective Date. Each of the following
is a condition precedent to the Effective Date of this Heber Reorganization
Plan:
(a) The Confirmation Order shall: (i) have become a Final Order
and (ii) be in form and substance reasonably satisfactory to the Heber Debtors,
Buyers and DIP Agents and (iii) provide that the Debtors, Heber Debtors and
Reorganized Heber Debtors are authorized and directed to take all actions
necessary or appropriate to enter into, implement and consummate the Heber
Reorganization Plan, including the Geothermal Sale contemplated by the Purchase
Agreement, or as applicable, an Alternative Transaction;
(b) All conditions precedent to the Closing of the Geothermal
Sale pursuant to the Purchase Agreement or an Alternative Transaction, including
the release and waiver by the DIP Lenders of the Heber Debtors from any claims
under DIP Financing Facility and the security interests granted in support of
the DIP Financing Facility over Equity Interests in, and assets of, the Heber
Debtors, shall have been satisfied or waived in accordance with the provisions
therein (other than a condition precedent related to the Effective Date of the
Heber Reorganization Plan);
(c) Any regulatory approvals, including approvals under the
Hart-Scott-Rodino Antitrust Act of 1976, as amended, that are necessary or
desirable to effectuate this Heber Reorganization Plan and the transactions
contemplated hereunder shall have been obtained;
(d) Covanta shall have sufficient Cash (i) to make payment of
the estimated Exit Costs, including, without limitation, all Allowed
Administrative Expense Claims, Allowed Priority Non-Tax Claims, Allowed
Unsecured Claims and Cure Amounts and (ii) to deposit Cash in the Disputed
Claims Reserve in respect of any Administrative Expense Claims, Priority Non-Tax
Claims and Unsecured Claims that are Disputed Claims;
(e) All documents, instruments and agreements provided for
under, or necessary to implement, this Heber Reorganization Plan shall have been
executed and delivered by the parties thereto, in form and substance
satisfactory to the Heber Debtors, unless such execution or delivery has been
waived by the parties benefited thereby.
10.3 Waiver of Conditions. Without prejudice to the Proposed Buyers'
rights under the Purchase Agreement, the Heber Debtors may waive any of the
foregoing conditions set forth in Section 10.1 or Section 10.2 of this Heber
Reorganization Plan without leave of or notice to the Court and without any
formal action other than proceeding with confirmation of this Heber
Reorganization Plan or emergence from bankruptcy.
10.4 Failure to Satisfy or Waiver of Conditions Precedent . In the
event that any or all of the conditions specified in Section 10.1 or 10.2 of
this Heber Reorganization Plan have not been satisfied or waived in accordance
with the provisions of this Article X on or before December 31, 2003 (which date
may be extended by the Heber Debtors, without prejudice to the Proposed Buyers'
rights under the Purchase Agreement) and upon notification submitted by the
Heber Debtors to the Court, (a) the Confirmation Order shall be vacated, (b) no
distributions under the Heber Reorganizing Plan shall be made, (c) the Heber
Debtors and all holders of Claims and Equity Interests shall be restored to the
status quo ante as of the day immediately preceding the Confirmation Date as
though such date never occurred, and (d) all the Heber Debtors' respective
obligations with respect to the Claims and Equity Interests shall remain
unchanged and nothing contained herein or in the Disclosure Statement shall be
deemed an admission or statement against interest or to constitute a waiver or
release of any claims by or against any Heber Debtor or any other Person or to
prejudice in any manner the rights of any Heber Debtor or any Person in any
further proceedings involving any Heber Debtor or Person.
ARTICLE XI
EFFECT OF CONFIRMATION
11.1 Revesting of Assets. Upon the Effective Date, pursuant to sections
1141(b) and (c) of the Bankruptcy Code, except for leases and executory
contracts that have not yet been assumed or rejected (which leases and contracts
shall be deemed vested when and if assumed), all property of each Heber Debtor's
Estate shall vest in the applicable Reorganized Heber Debtor free and clear of
all Claims, Liens, encumbrances, charges and other interests, except with
respect to the GECC Liens or Permitted Encumbrances as provided herein or
pursuant to any of the Plan Documents. Each Reorganized Heber Debtor may operate
its businesses and may use, acquire and dispose of property free of any
restrictions of the Bankruptcy Code or the Bankruptcy Rules and in all respects
as if there were no pending cases under any chapter or provision of the
Bankruptcy Code, except as provided herein.
11.2 Discharge of Claims. Except as otherwise provided herein or in the
Confirmation Order, the rights afforded in this Heber Reorganization Plan and
the entitlement to receive payments and distributions to be made hereunder shall
discharge all existing Claims or Equity Interests, of any kind, nature or
description whatsoever against or in each of the Heber Debtors or any of their
assets, properties, successors in interest, affiliates or assigns to the fullest
extent permitted by section 1141 of the Bankruptcy Code. Except as provided in
this Heber Reorganization Plan or in the Confirmation Order, on the Effective
Date, all existing Claims against each of the Heber Debtors and Equity Interests
in the Heber Debtors shall be, and shall be deemed to be, discharged and each
holder (as well as trustees and agents on behalf of all such holders) of a Claim
or Equity Interest shall be precluded and enjoined from asserting against the
Reorganized Heber Debtors, or any of their assets, properties, successors in
interests, affiliates or assigns, any Claim or Equity Interest based upon any
act or omission, transaction or other activity of any kind or nature that
occurred prior to the Confirmation Date, whether or not (i) such holder has
filed a Proof of Claim or Equity Interest, (ii) a Claim based on such Claim or
Equity Interest is Allowed, or (iii) the holder of the Claim or Equity Interest
has accepted the Heber Reorganization Plan.
11.3 Discharge of Heber Debtors. Upon the Effective Date and in
consideration of the distributions to be made hereunder, except as otherwise
expressly provided herein, each holder (as well as any trustees and agents on
behalf of each holder) of a Claim shall be deemed to have forever waived,
released and discharged each of the Heber Debtors, to the fullest extent
permitted by section 1141 of the Bankruptcy Code, of and from any and all
Claims, rights and liabilities (other than the right to enforce the Heber
Debtors or Reorganized Heber Debtors obligations hereunder or under the Plan
Documents) that arose prior to the Confirmation Date, whether existing in law or
equity, whether based on fraud, contract or otherwise, liquidated or
unliquidated, fixed or contingent, matured or unmatured, known or unknown,
foreseen or unforeseen, then existing or thereafter arising, whether based in
whole or in part on any act, omission or occurrence taking place on or before
the Confirmation Date. Upon the Effective Date, all such persons shall be
forever precluded and enjoined, pursuant to section 524 of the Bankruptcy Code,
from prosecuting or asserting any such discharged Claim against each of the
Heber Debtors and Reorganized Heber Debtors, and any of their assets,
properties, successors in interest, affiliates or assigns.
11.4 Binding Effect. Except as otherwise provided in section 1141(d)(3)
of the Bankruptcy Code, on and after the Confirmation Date, and subject to the
Effective Date, the provisions of this Heber Reorganization Plan shall bind all
present and former holders of a Claim against, or Equity Interest in, the
applicable Heber Debtor and its respective successors, affiliates and assigns,
whether or not the Claim or Equity Interest of such holder is Impaired under
this Heber Reorganization Plan and whether or not such holder has filed a Proof
of Claim or Equity Interest or accepted this Heber Reorganization Plan.
11.5 Term of Injunctions or Stays. Unless otherwise provided herein,
all injunctions or stays arising under section 105 or 362 of the Bankruptcy
Code, any order entered during the Chapter 11 Cases under section 105 or 362 of
the Bankruptcy Code or otherwise, and in existence on the Confirmation Date,
shall remain in full force and effect until the later of the Effective Date and
the date indicated in such order.
11.6 Injunction Against Interference with Plan. Upon the entry of the
Confirmation Order, all holders of Claims and Equity Interests and other parties
in interest, along with their respective present and former employees, agents,
officers, directors and principals, shall be enjoined from taking any actions to
interfere with the implementation or consummation of this Heber Reorganization
Plan.
11.7 Exculpation. Notwithstanding anything herein to the contrary, as
of the Effective Date, none of (i) the Heber Debtors or Reorganized Heber
Debtors or their respective officers, directors and employees, (ii) the
Specified Personnel, (iii) the Committee and any subcommittee thereof, (iv) the
Agent Banks, the DIP Agents and the related steering committee (v) the
accountants, financial advisors, investment bankers, and attorneys for the Heber
Debtors or Reorganized Heber Debtors, and (vi) the directors, officers,
employees, partners, members, agents, representatives, accountants, financial
advisors, investment bankers, attorneys or affiliates for any of the persons or
entities described in (i), (iii), (iv), (v) or (vi) of this Section 11.7 shall
have or incur any liability to any holder of a Claim or an Interest, or any
other party in interest, or any of their respective agents, employees,
representatives, financial advisors, attorneys, or affiliates, or any of their
successors or assigns, for any act or omission in connection with, relating to,
or arising out of the Chapter 11 Cases; formulating, negotiating or implementing
the Heber Reorganization Plan; the solicitation of acceptances of the Heber
Reorganization Plan; the pursuit of confirmation of the Heber Reorganization
Plan; the confirmation, consummation or administration of the Heber
Reorganization Plan or the property to be distributed under the Heber
Reorganization Plan, except for their gross negligence or willful misconduct,
and in all respects shall be entitled to rely upon the advice of counsel with
respect to their duties and responsibilities under the Heber Reorganization
Plan.
11.8 Injunction. Upon the Effective Date with respect to the Heber
Reorganization Plan and except as otherwise provided herein or in the
Confirmation Order, all persons who have held, hold, or may hold Claims against
or Equity Interests in the Heber Debtors, and all other parties in interest in
the Chapter 11 Cases, along with their respective present or former employees,
agents, officers, directors or principals, shall be permanently enjoined on and
after the Effective Date from directly or indirectly (i) commencing or
continuing in any manner any action or other proceeding of any kind to collect
or recover any property on account of any such Claim or Equity Interest against
any such Heber Debtor, Reorganized Heber Debtors, Person entitled to exculpation
pursuant to Section 11.7 hereof or any of their assets, properties, successors
in interest, affiliates or assigns, (ii) enforcing, attaching, collecting or
recovering by any manner or means of any judgment, award, decree, or order to
collect or recover any property on account of any such Claim or Equity Interest
against any such Heber Debtor or Reorganized Heber Debtors or any of their
assets, properties, successors in interest, affiliates or assigns, (iii)
creating, perfecting, or enforcing any encumbrance of any kind against any Heber
Debtor or Reorganized Heber Debtors or any of their assets, properties,
successors in interest, affiliates or assigns on account of such Claim or Equity
Interest, (iv) except for recoupment, asserting any right of setoff or
subrogation of any kind against any obligation due any such Heber Debtor or
Reorganized Heber Debtors or any of their successor in interests, affiliates or
assigns or against the property or interests in property of any such Heber
Debtor or Reorganized Heber Debtor on account of any such Claim or Equity
Interest, (v) commencing or continuing any action against the Reorganized Heber
Debtors or any of their assets, properties, successors in interest, affiliates
or assigns in any manner or forum in respect of such Claim or Equity Interest
that does not comply or is inconsistent with the Heber Reorganization Plan, and
(vi) taking any actions to interfere with the implementation or consummation of
this Heber Reorganization Plan; provided that nothing herein shall prohibit any
holder of a Claim from prosecuting a properly completed and filed proof of claim
in the Chapter 11 Cases. In no event shall the Reorganized Heber Debtors their
assets, properties, successors in interest, affiliates or assigns have any
liability or obligation for any Claim against or Equity Interest in any of the
Heber Debtors arising prior to the Effective Date, other than in accordance with
the provisions of this Heber Reorganization Plan. In addition, except as
otherwise provided in this Heber Reorganization Plan or the Confirmation Order,
on and after the Effective Date, any individual, firm, corporation, limited
liability company, partnership, company, trust or other entity, including any
successor of such entity, shall be permanently enjoined from commencing or
continuing in any manner, any litigation against the Reorganized Heber Debtors
or any of their assets, properties, successors in interest, affiliates or
assigns on account of or in respect of any of the Heber Debtors' prepetition
liabilities or other liabilities satisfied pursuant to this Heber Reorganization
Plan. By accepting Distributions pursuant to this Heber Reorganization Plan,
each holder of an Allowed Claim or Allowed Equity Interest receiving
Distributions pursuant to the Heber Reorganization Plan will be deemed to have
specifically consented to the injunctions set forth herein.
11.9 Release. As of the Effective Date and without prejudice to the
Proposed Buyers' rights under the Purchase Agreement, the Heber Debtors, on
behalf of themselves and their Estates, shall be deemed to release
unconditionally all claims, obligations, suits, judgments, damages, rights,
causes of action, and liabilities whatsoever, against any and all of the (i)
Debtors, (ii) the Debtors' present or former officers, directors, employees,
partners, members, advisors, attorneys, financial advisors, accountants,
investment bankers and other professionals, (iii) the DIP Lenders and the DIP
Agents and (iv) the Committee's members, advisors, attorneys, financial
advisors, investment bankers, accountants and other professionals, in each case
whether known or unknown, foreseen or unforeseen, existing or hereafter arising,
in law, equity or otherwise, based in whole or in part upon actions taken with
respect to any omission, transaction, event, or other occurrence taking place on
or prior to the Effective Date in any way relating to the Reorganizing Debtors,
the Liquidating Debtors, the Heber Debtors, the Chapter 11 Cases, the
Reorganization Plan, the Liquidation Plan or the Heber Reorganization Plan.
ARTICLE XII
RETENTION OF JURISDICTION
12.1 Jurisdiction of Court. The Court shall retain exclusive
jurisdiction of all matters arising under, arising out of, or related to, the
Chapter 11 Cases and this Heber Reorganization Plan pursuant to, and for the
purposes of, sections 105(a) and 1142 of the Bankruptcy Code and for, among
other things, the following non-exclusive purposes:
(a) to determine the allowance or classification of Claims and
to hear and determine any objections thereto;
(b) to hear and determine any motions for the assumption,
assumption and assignment or rejection of executory contracts or unexpired
leases, and the allowance of any Claims resulting therefrom;
(c) to determine any and all motions, adversary proceedings,
applications, contested matters and other litigated matters in connection with
the Chapter 11 Cases that may be pending in the Court on, or initiated after,
the Effective Date;
(d) to enter and implement such orders as may be appropriate in
the event the Confirmation Order is for any reason stayed, revoked, modified, or
vacated;
(e) to issue such orders in aid of the execution, implementation
and consummation of this Heber Reorganization Plan to the extent authorized by
section 1142 of the Bankruptcy Code or otherwise;
(f) to construe and take any action to enforce this Heber
Reorganization Plan;
(g) to reconcile any inconsistency in any order of the Court,
including, without limitation, the Confirmation Order;
(h) to modify the Heber Reorganization Plan pursuant to section
1127 of the Bankruptcy Code, or to remedy any apparent non-material defect or
omission in this Heber Reorganization Plan, or to reconcile any non-material
inconsistency in the Heber Reorganization Plan so as to carry out its intent and
purposes;
(i) to hear and determine all applications for compensation and
reimbursement of expenses of professionals under sections 330, 331, and 503(b)
of the Bankruptcy Code;
(j) to determine any other requests for payment of Priority Tax
Claims, Priority Non-Tax Claims or Administrative Expense Claims;
(k) to hear and determine disputes arising in connection with
the interpretation, implementation, or enforcement of this Heber Reorganization
Plan;
(l) to consider and act on the compromise and settlement or
payment of any Claim against the Heber Debtors;
(m) to recover all assets of Heber Debtors and property of the
Estates, wherever located;
(n) to determine all questions and disputes regarding title to
the assets of the Heber Debtors or their Estates;
(o) to issue injunctions, enter and implement other orders or to
take such other actions as may be necessary or appropriate to restrain
interference by any entity with the consummation, implementation or enforcement
of the Heber Reorganization Plan or the Confirmation Order;
(p) to remedy any breach or default occurring under this Heber
Reorganization Plan;
(q) to resolve and finally determine all disputes that may
relate to, impact on or arise in connection with, this Heber Reorganization
Plan;
(r) to hear and determine matters concerning state, local, and
federal taxes for any period of time, including, without limitation, pursuant to
sections 346, 505, 1129 and 1146 of the Bankruptcy Code (including any requests
for expedited determinations under section 505(b) of the Bankruptcy Code filed,
or to be filed, with respect to tax returns for any and all taxable periods
ending after the Petition Date through, and including, the final Distribution
Date);
(s) to determine such other matters and for such other purposes
as may be provided in the Confirmation Order;
(t) to hear any other matter consistent with the provisions of
the Bankruptcy Code; and
(u) to enter a final decree closing the Chapter 11 Cases.
ARTICLE XIII
MISCELLANEOUS PROVISIONS
13.1 Deletion of Classes and Subclasses. Any class or subclass of
Claims that does not contain as an element thereof an Allowed Claim or a Claim
temporarily allowed under Bankruptcy Rule 3018 as of the date of the
commencement of the Confirmation Hearing shall be deemed deleted from this Heber
Reorganization Plan for purposes of voting to accept or reject this Heber
Reorganization Plan and for purposes of determining acceptance or rejection of
this Heber Reorganization Plan by such class or subclass under section
1129(a)(8) of the Bankruptcy Code.
13.2 Effectuating Documents and Further Transactions. The chief
executive officer of each of the Heber Debtors, or his or her designee, shall be
authorized to execute, deliver, file, or record such contracts, instruments,
releases and other agreements or documents and take such actions on behalf of
the Heber Debtors as may be necessary or appropriate to effectuate and further
evidence the terms and conditions of this Heber Reorganization Plan, without any
further action by or approval of the Board of Directors, as applicable, of the
Heber Debtors.
13.3 Payment of Statutory Fees. All United States Trustee Fees shall be
paid by Covanta through the entry of a final decree closing these Chapter 11
Cases, unless relieved of this obligation by further order of the Court.
Following the Confirmation Date, Covanta shall file with the Court and serve on
the United States Trustee a quarterly disbursement report for each quarter, or
portion thereof, until a final decree closing the chapter 11 cases has been
entered, or the cases dismissed or converted to another chapter, in a format
prescribed by and provided by the United States Trustee.
13.4 Withdrawal or Modification of Plan. The Heber Debtors reserve the
right, without prejudice to the Proposed Buyers' rights under the Purchase
Agreement and in accordance with the Bankruptcy Code and the Bankruptcy Rules,
to revoke, withdraw, amend or modify this Heber Reorganization Plan or to amend,
modify or terminate the Purchase Agreement in accordance with its terms or the
Purchase Agreement at any time prior to the entry of the Confirmation Order;
provided that this Heber Reorganization Plan shall be in form and substance
reasonably satisfactory to the Buyers. Additionally, the Heber Debtors reserve
the right, without prejudice to the Proposed Buyers' rights under the Purchase
Agreement in respect of confirmation of this Heber Reorganization Plan for all
of the Debtors, to revoke, withdraw, amend or modify the Heber Reorganization
Plan as it applies to any particular Heber Debtor. After the entry of the
Confirmation Order, the Heber Debtors may, upon order of the Court, amend or
modify this Heber Reorganization Plan or the Purchase Agreement, in accordance
with section 1127(b) of the Bankruptcy Code, or remedy any defect or omission or
reconcile any inconsistency in this Heber Reorganization Plan or the Purchase
Agreement (without prejudice to the Proposed Buyers' rights under the Purchase
Agreement), as applicable, in such manner as may be necessary to carry out the
purpose and intent of this Heber Reorganization Plan. A holder of an Allowed
Claim or Allowed Equity Interest that has accepted or is deemed to have accepted
this Heber Reorganization Plan shall be deemed to have accepted this Heber
Reorganization Plan as modified if the proposed modification does not materially
and adversely change the treatment of the Claim or Equity Interest of such
holder.
13.5 Courts of Competent Jurisdiction. If the Court abstains from
exercising, or declines to exercise, jurisdiction or is otherwise without
jurisdiction over any matter arising out of this Heber Reorganization Plan, such
abstention, refusal or failure of jurisdiction shall have no effect upon and
shall not control, prohibit or limit the exercise of jurisdiction by any other
Court having competent jurisdiction with respect to such matter.
13.6 Exemption From Transfer Taxes. To the extent permitted under
section 1146(c) of the Bankruptcy Code, the issuance, transfer or exchange of
securities under or in connection with the Heber Reorganization Plan, or the
execution, delivery or recording of an instrument of transfer under or in
connection with this Heber Reorganization Plan, or the revesting, transfer or
sale of any real property of a Heber Debtor under or in connection with this
Heber Reorganization Plan shall not be subject to any state or local law
imposing stamp, transfer, mortgage recording or other similar tax. Consistent
with the foregoing, each recorder of deeds or similar official for any county,
city or governmental unit in which any instrument hereunder is to be recorded
shall, pursuant to the Confirmation Order, be ordered and directed to accept
such instrument without requiring payment of any documentary stamp tax, deed
stamps, stamp tax, transfer tax, intangible tax or similar tax.
13.7 Rules of Construction. For purposes of this Heber Reorganization
Plan, the following rules of interpretation apply:
(a) The words "herein," "hereof," "hereto," "hereunder" and
others of similar import refer to this Heber Reorganization Plan as a whole and
not to any particular Section, subsection, or clause contained in this Heber
Reorganization Plan;
(b) Wherever from the context it appears appropriate, each term
stated in either the singular or the plural shall include the singular and the
plural and pronouns stated in the masculine, feminine or neuter gender shall
include the masculine, the feminine and the neuter;
(c) Any reference in this Heber Reorganization Plan to a
contract, instrument, release, indenture or other agreement or document being in
a particular form or on particular terms and conditions means that such document
shall be substantially in such form or substantially on such terms and
conditions;
(d) Any reference in this Heber Reorganization Plan to an
existing document or exhibit filed or to be filed means such document or
exhibit, as it may have been or may be amended, modified or supplemented;
(e) Unless otherwise specified, all references in this Heber
Reorganization Plan to Sections, Articles and Exhibits are references to
Sections, Articles and Exhibits of or to this Heber Reorganization Plan;
(f) Captions and headings to Articles and Sections are inserted
for convenience of reference only are not intended to be a part of or to affect
the interpretation of this Heber Reorganization Plan; and
(g) Unless otherwise expressly provided, the rules of
construction set forth in section 102 of the Bankruptcy Code and in the
Bankruptcy Rules shall apply to this Heber Reorganization Plan.
13.8 Computation of Time. In computing any period of time prescribed or
allowed by this Heber Reorganization Plan, unless otherwise expressly provided,
the provisions of Bankruptcy Rule 9006 shall apply.
13.9 Successors and Assigns. The rights, benefits and obligations of
any entity named or referred to in the Heber Reorganization Plan shall be bind
on, and shall inure to the benefit of, any heir, executor, administrator,
successor or assign of such entity.
13.10 Notices. Any notices to or requests of the Heber Debtors by
parties in interest under or in connection with this Heber Reorganization Plan
shall be in writing and served either by (a) certified mail, return receipt
requested, postage prepaid, (b) hand delivery, or (c) reputable overnight
delivery service, all charges prepaid, and shall be deemed to have been given
when received by the following parties:
Covanta Energy Corporation
c/o CLEARY GOTTLIEB STEEN & HAMLTON
One Liberty Plaza
New York, New York 10006
Attn: Deborah M. Buell, Esq.
James L. Bromley, Esq.
and
Covanta Energy Corporation
c/o JENNER & BLOCK, LLC
One IBM Plaza
Chicago, Illinois 60611-7603
Attn: Vincent E. Lazar, Esq.
13.11 Severability. If, prior to the Confirmation Date, any term or
provision of this Heber Reorganization Plan is determined by the Court to be
invalid, void or unenforceable, the Court will have the power to alter and
interpret such term or provision to make it valid or enforceable to the maximum
extent practicable, consistent with the original purpose of the term or
provision held to be invalid, void or unenforceable, and such term or provision
will then be applicable as altered or interpreted, without prejudice to the
Proposed Buyers' rights under the Purchase Agreement. Notwithstanding any such
holding, alteration or interpretation, the remainder of the terms and provisions
of this Heber Reorganization Plan will remain in full force and effect and will
in no way be affected, impaired or invalidated by such holding alteration or
interpretation, without prejudice to the Proposed Buyers' rights under the
Purchase Agreement. The Confirmation Order will constitute a judicial
interpretation that each term and provision of this Heber Reorganization Plan,
as it may have been altered or interpreted in accordance with the forgoing, is
valid and enforceable pursuant to its terms. Additionally, if the Court
determines that the Heber Reorganization Plan, as it applies to any particular
Heber Debtor, is not confirmable pursuant to section 1129 of the Bankruptcy Code
(and cannot be altered or interpreted in a way that makes it confirmable), such
determination shall not limit or affect (a) the confirmability of the Heber
Reorganization Plan as it applies to any other Heber Debtor or (b) the Heber
Debtors' ability to modify the Heber Reorganization Plan, as it applies to any
particular Heber Debtor, to satisfy the confirmation requirements of section
1129 of the Bankruptcy Code, without prejudice to the Proposed Buyers' rights
under the Purchase Agreement.
13.12 Governing Law. Except to the extent the Bankruptcy Code or
Bankruptcy Rules are applicable, the rights and obligations arising under this
Heber Reorganization Plan shall be governed by, and construed and enforced in
accordance with, the laws of the State of New York.
13.13 Exhibits. All Exhibits to this Heber Reorganization Plan are
incorporated into and are a part of this Heber Reorganization Plan as if set
forth in full herein.
13.14 Counterparts. This Heber Reorganization Plan may be executed in
any number of separate counterparts, each of which shall collectively and
separately constitute one agreement.
Dated: October 3, 2003
AMOR 14 CORPORATION
By: /s/ Scott G. Mackin
------------------------------
COVANTA SIGC ENERGY, INC.
By: /s/ Scott G. Mackin
------------------------------
COVANTA SIGC ENERGY II, INC.
By: /s/ Scott G. Mackin
------------------------------
HEBER FIELD COMPANY
By: /s/ Scott G. Mackin
------------------------------
HEBER GEOTHERMAL COMPANY
By: /s/ Scott G. Mackin
------------------------------
SECOND IMPERIAL GEOTHERMAL
COMPANY, L.P.
By: /s/ Scott G. Mackin
------------------------------
Exhibit A
Case Numbers of Heber Debtors
1. AMOR 14 Corporation (Case No. 02-40886-CB)
2. Covanta SIGC Energy, Inc. (Case No. 02-40885-CB)
3. Covanta SIGC Energy II, Inc. (Case No. 02-40884-CB)
4. Heber Field Company (Case No. 02-40888-CB)
5. Heber Geothermal Company (Case No. 02-40887-CB)
6. Second Imperial Geothermal Company, L.P. (Case No. 02-40882-CB)
Exhibit B
Heber Debtor Contracts
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Covanta Counterparty Name and Address Type of Contract Cure Amount
Party
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SIGC** Southern California Edison Company Power Purchase Contract dated 4/16/1985, as amended (Amendment No. 1: 0
Post Office Box 800 10/23/1987; Amendment No. 2: 7/27/1990; Amendment No. 3: 11/24/1992)
Rosemead, CA 91770
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SIGC** U.S. Trust Company of California, Lease Agreement, dated as of September 1, 1993. Debtor is the lessee. 0
N.A. 114 West 47th Street
New York, NY 10036
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SIGC** U.S. Trust Company of California, First Amended and Restated Escrow Agreement, dated as of September 1, $4,512.50
N.A. 1993, as amended. Morgan Guaranty is appointed escrow agent. Debtor
114 West 47th Street and General Electric Corporation agreed to several adjustments in
New York, NY 10036 Letter Agreement dated September 8, 1997, as amended.
Aircraft Services Corporation
1600 Summer Street, 6th Floor
Stamford, CT 06905
General Electric Capital
Corporation
P.O. Box 8300
Stamford, CT 06905
US Bank
100 Wall Street
New York, NY 10005
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SIGC** Mr. Walter J. Holtz Surface Rental Payments and Property Damages, date as of November 4, 0
Mrs. Toni F. Holtz 1993. Debtor agrees to make payments during the lease, dated March 14,
102 Ralph Road 1986.
Imperial, CA 92251
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SIGC** Mr. Walter J. Holtz Certificate of Walter J. and Toni F. Holtz, dated August 25, 1993. 0
Mrs. Toni F. Holtz
102 Ralph Road
Imperial, CA 92251
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SIGC** Ms. Carol Love Surface Rental Payments and Property Damages, date as of November 4, 0
2410 Gum Tree Lane 1993. Debtor agrees to make payments during the lease, dated March 14,
Fallbrook, CA 92028 1986.
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SIGC** Ms. Carol Love Certificate of Carol Beyschlag Love, as Trustee under Beyschlag Real 0
2410 Gum Tree Lane Property Trust, dated August 23, 1993.
Fallbrook, CA 92028
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SIGC** Mr. Larry D. Smith Surface Rental Payments and Property Damages, date as of November 4, 0
Mrs. Marcella Smith 1993. Debtor agrees to make payments during the
29882 Platanus Dr. lease, dated March 14, 1986.
Escondido, CA 92026
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Larry D. Smith Certificate of Larry D. and Marcella Smith, dated August 25, 1993. 0
Mrs. Marcella Smith
29882 Platanus Dr.
Escondido, CA 92026
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Matthew J. LaBrucherie Surface Rental Payments and Property Damages, date as of November 4, 0
499 W. McCabe Road 1993. Debtor agrees to make payments during the lease, dated March 14,
El Centro, CA 92243 1986.
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Andrew L. Holtz, Executor for Surface Rental Payments and Property Damages, date as of November 4, 0
the estate of Joseph L. Holtz 1993. Debtor agrees to make payments during the lease, dated March 14,
34302 Starboard Lantern 1986.
Dana Point, CA 92629
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Andrew L. Holtz, Executor for Certificate of Andrew L. Holtz, as Executor of the Estate of Joseph L. 0
the estate of Joseph L. Holtz Holtz, dated August 13, 1993.
34302 Starboard Lantern
Dana Point, CA 92629
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Rowan Sokolowski Certificate of Clairemont Mesa Masonic Lodge No. 799 and of Rowan 0
2076 Emerald Street Sokolowski, individually and as successor-trustee under the Will of
San Diego, CA 92109 Helen S. Fugate, deceased, dated August 6, 1993.
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Walter J. Holtz Letter Agreement re: Surface Rental Payments and Property Damages by 0
Mrs. Toni F. Holtz and between SIGC and Walter J. Holtz and Toni F. Holtz, dated November
102 Ralph Road 4, 1993.
Imperial, CA 92251
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Ms. Carol Love Letter Agreement re: Surface Rental Payments and Property Damages by 0
2410 Gum Tree Lane and between SIGC and Carol Love, dated November 4, 1993.
Fallbrook, CA 92028
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Larry D. Smith Letter Agreement re: Surface Rental Payments and Property Damages by 0
Mrs. Marcella Smith and between SIGC and Larry D. Smith and Marcella Smith, dated November
29882 Platanus Dr. 4, 1993.
Escondido, CA 92026
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Matthew J. LaBrucherie Letter Agreement re: Surface Rental Payments and Property Damages by 0
499 W. McCabe Road and between SIGC and Matthew J. LaBrucherie, dated November 4, 1993.
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Timothy J. LaBrucherie Letter Agreement re: Surface Rental Payments and Property Damages by 0
P.O. Box 1420 and between SIGC and Timothy J. LaBrucherie and Mary K.
El Centro, CA 92244 LaBrucherie, dated November 4, 1993.
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Mr. Andrew L. Holtz, Executor for Letter Agreement re: Surface Rental Payments and Property Damages by 0
the estate of Joseph L. Holtz and between SIGC and Andrew L. Holtz, Executor for the Estate of Joseph
34302 Starboard Lantern L. Holtz, dated November 4, 1993.
Dana Point, CA 92629
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** General Electric Corporation Letter Agreement relating to SIGC Lease Reserve Account dated as of 0
120 Long Ridge Road September 8, 1997, as amended.
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Imperial Irrigation District Plant Connection Agreement for the SIGC Power Plant, dated October 27,
c/o General Manager 1992. The agreement provides for the interconnection of the Imperial $255,316.30
P.O. Box 937 Irrigation District electrical system and Second Imperial Geothermal
Imperial, CA 92251 Company Power Plant.
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Imperial Irrigation District Transmission Services Agreement for Alternative Resources, dated
c/o General Manager October 27, 1992. Debtor is obligated to sell transmission service of $144,656
P.O. Box 937 power from the Second Imperial Geothermal Company Power Plant to
Imperial, CA 92251 Imperial Irrigation District.
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Imperial Irrigation District Water Supply Agreement, dated October 27, 1992. Imperial Irrigation
c/o General Manager agrees to make water available to Debtor. $46,903
P.O. Box 937 Imperial, CA 92251
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** General Electric Capital Construction Loan Agreement (between SIGC and GECC), dated November 0
Corporation 24, 1992.
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** US Trust Company of California, Escrow Agreement (among SIGC, US Trust, ASC, GECC, and Morgan Guaranty 0
N.A. Trust Company of New York), dated November 24, 1992.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
1600 Summer Street, 6th Floor
Stamford, CT 06927
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
Morgan Guaranty Trust Company
of New York
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Chicago Title Insurance Company Construction Deed of Trust, Assignment of Rents, Security Agreement and 0
4050 Calle Real Fixture Filing (among SIGC, Chicago Title Insurance Company, and GECC),
Santa Barbara, CA 93110 dated November 17, 1992.
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Marubeni Corporation Services Agreement (between SIGC and Marubeni Corporation), dated 0
November 24, 1992.
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** TIC-The Industrial Company Geothermal Power Project Turnkey Engineering, Procurement and 0
PO Box 774848 Construction Contract (between SIGC and TIC-The Industrial Company),
Steamboat Springs, CO 80477 dated November 25, 1992.
Attn: Vice President/General
Counsel
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** US Trust Company Contractor Consent to Assignment of Construction Contract (between 0
114 West 47th Street SIGC, US Trust Company, TIC-The Industrial Company, Aircraft Services
New York, NY 10036 Corporation and GECC), dated November 24, 1992.
TIC-The Industrial Company
PO Box 774848
(40185 Routt County Road #129)
Steamboat Springs, CO 80477
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Imperial Irrigation District Consent Agreement (among Imperial Irrigation District, SICG, Aircraft, 0
C/O General Manager GEEC and US Trust Company of California, N.A.), November 24, 1992.
PO Box 937
Imperial, CA 92251
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Imperial Irrigation District Consent Agreement (among SIGC LP, IID, the Participants, US Trust 0
C/O General Manager Company of California), dated November 25, 1992.
PO Box 937
Imperial, CA 92251
US Trust Company of California
114 West 47th Street
New York, NY 10036
Participants:
Del Ranch, LP
Desert Power Company
Earth Energy, Inc.
Elmore, LP
Geo East Mesa Limited Partnership
Heber Field Company
Heber Geothermal Company
Imperial Resource Recovery
Associates, LP
Leathers, LP
Ormesa Geothermal
Ormesa Geothermal II
Vulcan/BN Geothermal Power Company
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Southern California Edison Company Power Purchase Contract (between Southern California Edison Company and 0
PO Box 800 SIGC), dated April 16, 1985, as amended (Amendment No. 1: 10/23/1987;
Rosemead, CA 91770 Amendment No. 2: 7/27/1990; Amendment No. 3: 11/24/1992)
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Southern California Edison Company Agreement Addressing Renewable Energy Pricing and Payment Issues 0
PO Box 800 (between SIGC LP and Southern California Edison Company), dated June
Rosemead, CA 91770 19, 2001.
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Southern California Edison Company Consent to Assignment (among Southern California Edison Company and the 0
PO Box 800 Parties: SIGC LP, Aircraft, GECC, US Trust), dated November 24, 1992.
Rosemead, CA 91770
Attn: Secretary
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** General Electric Capital Undertaking With Respect To Real Estate Post-Closing Matters (between 0
1600 Summer Street Corporation SIGC LP and GEEC), dated November 24, 1992.
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** US Trust Company of California, Letter Agreement - SIGC Lease Agreement dated September 1, 1993 0
N.A. (between SIGC and GECC), dated March 7, 2001.
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** US Trust Company of California, Grant Deed (by SIGC in favor of US Trust), dated September 1, 1993. 0
N.A. 114 West 47th Street New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** US Trust Company of California, Geothermal Assignment (between SIGC LP and US Trust), dated September 0
N.A. 1, 1993.
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** US Trust Company of California, Memorandum of Lease Agreement (between SIGC and US Trust), dated 0
N.A. September 1, 1993.
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Matthew J. LaBrucherie Consent Agreement (LaBrucherie, acknowledged and agreed to by SIGC, 0
499 W. McCabe Road ASC, US Trust, GECC), dated August 24, 1993.
El Centro, CA 92243
US Trust Company of California,
N.A.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Chrisman B. Jackson First Amendment to Consent Agreement (by Chrisman B. Jackson as Lessor, 0
P.O. Box 2736 and acknowledged by SIGC, ASC, US Trust, and GECC), dated August 24,
El Centro, CA 92243 1993.
US Trust Company of California,
N.A.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Matthew J. LaBrucherie Consent Agreement (by Matthew J. LaBrucherie, Owner, Timothy J. 0
499 W. McCabe Road LaBrucherie and Mary K. LaBrucherie, Lessor, The Hubbard Company, and
El Centro, CA 92243 acknowledged and agreed to by SIGC, ASC, US Trust, GECC), dated August
24, 1993.
Timothy J. LaBrucherie
P.O. Box 1420
El Centro, CA 92244
Mary K. LaBrucherie
P.O. Box 1420
El Centro, CA 92244
The Hubbard Company
P.O. Box 2962
Sun Valley, ID 83353
US Trust Company of California,
N.A.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Timothy J. LaBrucherie Consent Agreement (by Timothy J. LaBrucherie and Mary K. LaBrucherie, 0
P.O. Box 1420 as Owner, and acknowledged and agreed to by SIGC, ASC, US Trust, GECC),
El Centro, CA 92244 dated August 24, 1993.
Mary K. LaBrucherie
P.O. Box 1420
El Centro, CA 92244
US Trust Company of California,
N.A. 114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital Corporation
1600 Summer Street
Stamford, CT 06
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** US Trust Company of California, Assignment of Certain Facility Contracts (by SIGC to US Trust), dated 0
N.A. September 1, 1993.
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Marubeni American Corporation and Agreement Among Marubeni American Corporation, Marubeni Corporation, 0
Marubeni Corporation ERC Environmental and Energy Services Co., Inc., Centennial Energy,
650 California Street Inc., and SIGC relating to Second Imperial Continental, Inc., dated
San Francisco, CA 94108 June 14, 1989.
Copy to:
J. Sorton Jones, Esq.
Graham & James
One Maritime Plaza, 3rd Floor
San Francisco, CA 94111
ERC Environmental and Energy
Services Co., Inc.
3211 Jermantown Road
Fairfax, VA 22030
Copy to:
Sharon G. Province
General Counsel
5510 Morehouse Drive
San Diego, CA 92121
and
John H. Quinn, Jr.
Quinn & Racusin Chartered
1730 K Street, N.W., Suite 700
Washington, D.C. 20006
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Copy to:
Carl J. Stoney, Jr.
Jackson, Tufts, Cole & Black
650 California Street
San Francisco, CA 94018
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Chevron Resources Co. Letter Agreement (between SIGC and Chevron Resources Co.), dated August 0
P.O. Box 5049 12, 1987.
San Ramon, CA 94583-0949
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** ORMESA, LLC Lease Agreement, dated October 30, 2002 0
980 Greg St.
Sparks, NV 89431-6039
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Amor 14 Corporation** Buyout Agreement (among Amor 14 Corporation, Amor 14P Corporation, OESI 0
4000 Kruse Way Place Power Corporation, Second Imperial Continental, Inc., Centennial
Lake Oswego, OR 97035 Energy, Inc., Geothermal, Inc., ERC International, Inc.), dated
November 24, 1992.
Amor 14P Corporation
4000 Kruse Way Place
Lake Oswego, OR 97035
OESI Power Corporation
4000 Kruse Way Place
Lake Oswego, OR 97035
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Geothermal, Inc.
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC International, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Marubeni America Corporation Amendment Agreement (among Marubeni America Corporation, Marubeni 0
650 California Street Corporation, Centennial Energy, Inc., Ogden Environmental and Energy
San Francisco, CA 94108 Services Co., Inc., Second Imperial Continental, Inc., Amor 14
Corporation, SIGC GP and SIGC LP), dated November 24, 1992.
Marubeni Corporation
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Ogden Environmental and Energy
Services* Co., Inc.
40 Lane Road
Fairfield, NJ 07007-2615
Second Imperial Continental, Inc.,
343 Second Street, Suite N
Los Altos, CA 94022
Amor 14 Corporation**
4000 Kruse Way Place
Lake Oswego, OR 97035
SIGC GP, a California general
partnership
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Marubeni America Corporation Subordination and Intercreditor Agreement (among Marubeni America 0
650 California Street Corporation, Marubeni Corporation, DRAVO Constructors, Inc., GECC, US
San Francisco, CA 94108 Trust Company of California, N.A., Aircraft Services Corporation,
Second Imperial Continental, Inc., Amor 14 Corporation, and SIGC LP),
Marubeni Corporation dated November 24, 1992.
450 Lexington Avenue
New York, NY 10017
DRAVO Constructions, Inc.
One Oliver Plaza
Pittsburgh, PA 15222
General Electric Capital Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California,
N.A.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Amor 14 Corporation**
4000 Kruse Way Place
Lake Oswego, OR 97035
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** OESI Construction Company Consent Agreement (among OESI Construction Company, SIGC Partnership, 0
Building One, Suite 255 Aircraft Services Corporation, GECC, and US Trust Company of
4000 Kruse Way Place California, N.A.), dated November 24, 1992.
Lake Oswego, OR 97035
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California, N.A.
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** OESI Construction Company Field Development Agreement (between SIGC LP and OESI Construction 0
Building One, Suite 255 Company), dated November 24, 1992.
4000 Kruse Way Place
Lake Oswego, OR 97035
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** OESI Construction Company Consent Agreement (among OESI Construction Company, SIGC Partnership, 0
Building One, Suite 255 Aircraft Services Corporation, GECC, and US Trust Company of
4000 Kruse Way Place California), dated November 24, 1992.
Lake Oswego, OR 97035
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Heber Field Company** Consent Agreement (among Heber Field Company, SIGC Partnership, 0
4029 Ridge Top Road, Suite 200 Aircraft Services Corporation, GECC, and US Trust Company of
Fairfax, VA 22030 California), dated November 24, 1992.
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital
Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Heber Field Company** Consent Agreement (among Heber Field Company, SIGC Partnership, 0
4029 Ridge Top Road, Suite 200 Aircraft Services Corporation, and US Trust Company of California),
Fairfax, VA 22030 November 24, 1992.
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Heber Field Company** Memorandum of Agreement (among Heber Field Company as Lessor, US Trust 0
4029 Ridge Top Road, Suite 200 as Field Lessor, and SIGC LP as Lessee), dated November 17, 1992.
Fairfax, VA 22030
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Heber Field Company** Memorandum of Agreement (among Heber Field Company as Lessor, US Trust 0
4029 Ridge Top Road, Suite 200 as Field Lessor, and SIGC LP as Lessee), dated November 17, 1992.
Fairfax, VA 22030
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Andrew Holtz, as Executor of the Letter Agreement from Jackson, Tufts, Cole & Black, dated April 8, 0
Estate of Joseph L. Holtz, Toni 1993, approved by Andrew Holtz, as Executor of the Estate of Joseph L.
F. Holtz and Walter J. Holtz Holtz, Toni F. Holtz and Walter J. Holtz (re: construction of underground
34302 Starboard Lantern electric cable).
Dana Point, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Marley Cooling Tower Company Engineering , Procurement and Construction Agreement between Heber $93,196.31
7401 West 29th Street Geothermal Company and Marley Cooling Tower Company.
Overland Park, KS 66213
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Southern California Edison Company Power Purchase and Sales Agreement, dated August 26, 1983, as amended. 0
Post Office Box 800 Debtor is the seller.
Rosemead, CA 91770
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Southern California Edison Company Agreement Addressing Renewable Energy Pricing and Payment Issues, dated 0
Post Office Box 800 June 15, 2001, as amended. Debtors rights and obligation as seller of
Rosemead, CA 91770 energy are addressed.
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Imperial Irrigation District Plant Connection Agreement, dated July 31, 1985. Debtor granted to 14,044.76
P.O. Box 937 Imperial District the right to enter the plant site for any reasonable
Imperial, CA 92251 purpose relating to the Plant Connection Agreement.
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Southern California Edison Company Interconnection Agreement, dated August 12, 1985. Edison agrees to 0
Post Office Box 800 engineer, design, construct, own, operate, and maintain the
Rosemead, CA 91770 interconnection facilities.
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** General Electric Capital HGC Escrow Agreement, dated as of February 11, 2002. 0
Corporation
120 Long Ridge Road
Stamford, CT 06927
U.S. Trust National Association
100 Wall Street, 16th Floor
New York, NY 10005
U.S. Trust National Association
180 E. 5th St.
St. Paul, MN 55101
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Imperial Irrigation District Water Supply Agreement $8,602.50
P.O. Box 937
Imperial, CA 92251
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Imperial Irrigation District Transmission Service Agreement $173,136.00
P.O. Box 937
Imperial, CA 92251
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** U.S. Trust Company of California Geothermal Sales Agreement, dated December 18, 1991. 0
(Covanta took place of US Trust)
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Southern California Edison Company Settlement Agreement and Amendment No. 2 to Power Purchase Contract 0
P.O. Box 800 between HGC and Southern California Edison Company.
Rosemead, CA 91770
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** General Electric Capital Second Amended and Restated Promissory Note, dated February 11, 2002. 0
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** General Electric Capital Deed of Trust, Assignment of Rents, Security Agreement and Fixture 0
Corporation Filing, dated March 31, 2001, as amended.
120 Long Ridge Road
Stamford, CT 06927
Chicago Title Company (Trustee)
388 Market Street, Suite 300
San Francisco, CA 94111
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** U.S. Trust Company HGC Assumption Agreement, dated December 28, 1999. This agreement was 0
114 West 47th Street superseded by an Agreement Relating to HGC and HFC dated December 20,
New York, NY 10036 2000 and amended February 11, 2002.
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** General Electric Capital Release by Buyer, dated December 28, 1999. 0
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** Banc of America LLC as agent for Escrow Agreement, dated December 6, 2001. 0
Bank of America N.A.
100 N. Tryon Street, 20th Floor
NCI-007-20-61
Charlotte, NC 28255-0001
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** General Electric Capital HGC Purchase and Sale Agreement, dated December 17, 1999. This 0
Corporation agreement was superseded by an Agreement Relating to HGC and HFC dated
120 Long Ridge Road December 20, 2000, and amended February 11, 2002.
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** General Electric Capital Agreement Relating to HGC and HFC, dated December 20, 2000, as amended 0
Corporation February 11, 2002. This agreement supersedes the HGC Purchase and Sale
120 Long Ridge Road Agreement, dated December 17, 1999. This agreement is also scheduled
Stamford, CT 06927 below as an agreement of HFC.
Covanta Energy Corporation*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corporation,
Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy II, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Loan Partners*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Heber Field Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Field Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Field Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** ERC Energy II, Inc.* Assignment, Assumption, Consent & Release Agreement, dated June 1, 1999. 0
4029 Ridge Top Road, Suite 200,
Fairfax, VA 22030
ERC Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Imperial Power Services *
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corporation*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennnial Holding, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Centennial Geothermal, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
U.S. Trust Company of New York
114 West 47th Street
New York, NY 10036
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** US Trust Company of California Assignment of Easements and Seismic Permits, and Exhibit A thereto, by 0
114 West 47th Street USTCC to HFC, dated December 27, 1999.
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** US Trust Company of California Assignment of Leases, and Exhibit A thereto, by USTCC to HFC, dated 0
114 West 47th Street December 27, 1999.
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
HGC** US Trust Company of California Assignment of Unit Agreement, and Exhibit A thereto, by USTCC to HFC, 0
114 West 47th Street dated December 27, 1999.
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital HFC Escrow Agreement, dated February 11, 2002. 0
Corporation
120 Long Ridge Road
Stamford, CT 06927
U.S. Bank Trust National Association
100 Wall Street, 16th floor
New York, NY 10005
and
U.S. Trust National Association
180 E. 5th St.
St. Paul, MN 55101
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Imperial Irrigation District IID/HFC Letter Agreement dated June 28, 2000 (Power Purchase). $20,210.73
P.O. Box 937
Imperial, CA 92251
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital Amended and Restated Promissory Note, dated December 20, 2000. 0
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital Deed of Trust, Assignment of Rents, Security Agreement and Fixture 0
Corporation Filing, dated March 31, 2001, as amended.
120 Long Ridge Road
Stamford, CT 06927
Chicago Title Company (Trustee)
388 Market Street, Suite 300
San Francisco, CA 94111
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital Second Amended and Restated Promissory Note, dated February 11, 2002. 0
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** US Trust Company of California HFC Assumption Agreement, dated December 28, 1999. 0
114 West 47th Street
New York, NY 10036
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital Release by Buyer, dated December 28, 1999. 0
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital HFC Purchase and Sale Agreement, dated December 17, 1999. This agreement
Corporation was superseded by an Agreement Relating to HGC and HFC dated
120 Long Ridge Road December 20, 2000, and amended February 11, 2002.
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Heber Geothermal Company** Agreement Relating to HGC and HFC, dated December 20, 2000, as amended 0
4029 Ridge Top Road February 11, 2002. This agreement supersedes the HGC Purchase and Sale
Suite 200 Agreement, dated December 17, 1999. This agreement is also scheduled
Fairfax, VA 22030 above as an agreement of HGC.
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
Covanta Energy Corporation*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corporation,
Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Loan Partners*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Heber Field Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Field Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Field Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Heber Field Company** Unit Agreement, dated June 16, 1978. 0
4029 Ridge Top Road
Suite 200
Fairfax, VA 22030
Royalty Owners(1)
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Heber Field Company** Unit Operating Agreement, dated July 1, 1984. 0
4029 Ridge Top Road
Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Heber Field Energy II, Inc.* Heber Field Assignment, Assumption, Consent & Release Agreement, dated 0
4029 Ridge Top Road, Suite 200 June 1, 1999.
Fairfax, VA 22030
Covanta Heber Field Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Geothermal Operations, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corporation*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Field Company
343 Second Street, Suite N
Los Altos, CA 94022
Centennial Holding, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
U.S. Trust Company of California
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** US Trust Company of California Royalty Agreement among San Diego Gas and Electric Company, USTCC and 0
114 West 47th Street HFC, dated December 18, 1991.
New York, NY 10036
San Diego Gas and Electric Company
8306 Century Park Ct.
San Diego, CA 92123-1593
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** US Trust Company of California Memorandum of Royalty Interest, and Exhibit A thereto, between San Diego 0
114 West 47th Street Gas and Electric Company, USTCC and HFC, dated December 18, 1991.
New York, NY 10036
San Diego Gas and Electric Company
8306 Century Park Ct.
San Diego, CA 92123-1593
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** San Diego Gas and Electric Company Settlement Agreement between San Diego Gas and Electric and Union Oil $88,701.52(2)
8306 Century Park Ct. Company of California, dated April 21, 1989.
San Diego, CA 92123-1593
Union Oil Company of California
135 Main Street
Brawley CA 92227
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit between E. and G. Corda 0
California and Chevron Geothermal Company of California, dated November 22, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
E. and G. Corda
1941 Pepper Drive
El Centro CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit between T. and L. 0
California Terribilini and Chevron Geothermal Company of California, dated November
6001 Bollinger Canyon Road 22, 1991.
San Ramon, CA 94583
T. and L. Terribilini
245 East Dealwood Road
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit between W, and E. Ferguson 0
California and Chevron Geothermal Company of California, dated November 22, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
W. and E. Ferguson(3)
P.O. Box 58
El Centro CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit between E. Conn and 0
California Chevron Geothermal Company of California, dated November 23 , 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
E. Conn
C/O Mr. David Conn
644 West Main Road
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit between P. McNeese and F. 0
California Orraj and Chevron Geothermal Company of California, dated November 23,
6001 Bollinger Canyon Road 1991.
San Ramon, CA 94583
P. McNeese and F. Orraj
670 East 32nd Street, Suite 1
Yuma, AZ 85365
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit between H. Johnson and 0
California Chevron Geothermal Company of California, dated November 25, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
H. Johnson
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between El Toro Land and Cattle Company 0
California and Chevron Geothermal Company of California, dated December 17, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
El Toro Land & Cattle Co.
P.O. Box G
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Two Consents to Assignment of Lease between T. LaBrucherie and Chevron 0
California Geothermal Company of California, each dated December 17, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
T. LaBrucherie
P.O. Box 1420
El Centro, CA 92244
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between Murdy Family Trust and Chevron 0
California Geothermal Company of California, dated December 19, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
Murdy Family
2241 Sacramento Street, Apt. #3
San Francisco, CA 94115
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between Southern Pacific Transportation 0
California Company and Chevron Geothermal Company of California, dated December 19,
6001 Bollinger Canyon Road 1991.
San Ramon, CA 94583
Southern Pacific Transportation
Company
P. O. Box 209711
Houston, TX 77216-9711
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between the Nowlin Partnership and 0
California Chevron Geothermal Company of California, dated December 21, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
Nowlin Partnership
C/O PIT VII, Inc.
6017 E. McKellips #104-46
Mesa, AZ 85215
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between the Scaroni Estate, and Chevron 0
California Geothermal Company of California, dated December 21, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
Scaroni Estate
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between Scaroni Properties and Chevron 0
California Geothermal Company of California, dated December 21, 1991.
6001 Bollinger Canyon Road
San Ramon, CA 94583
Scaroni Properties
P.O. Box A
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron U.S.A. Inc. Heber Geothermal Unit Agreement among Union Oil Company of California, 0
6001 Bollinger Canyon Road Chevron U.S.A. Inc., and New Albion Resources Company, dated June 16,
San Ramon, CA 94583 1978 (assigned to HFC by an Assignment of Unit Agreement, dated December
27, 1999).
Union Oil Company of California
135 Main Street
Brawley, CA 92227
New Albion Resources Company
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Unit Operating Agreement, between Union Oil Company of California and 0
California Chevron Geothermal Company of California, dated July 1, 1984 (assigned
6001 Bollinger Canyon Road to HFC by an Assignment of Unit Operating Agreement, dated December 26,
San Ramon, CA 94583 1991).
Union Oil Company of California
135 Main Street
Brawley CA 92227
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital HFC Bill of Sale and Assignment among USTCC and GECC in favor of HFC, 0
Corporation dated December 28, 1999.
120 Long Ridge Road
Stamford, CT 06927
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** Amor 14P Corporation Assignment, Assumption, Consent and Release Agreement dated December 0
4029 Ridge Top Road, Suite 200 29, 1994.
Fairfax, VA 22030
OESI Power Corporation
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Centennial Holding, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Covanta SIGC Geothermal
Operations, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta SIGC Energy, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta SIGC Energy II, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Energy Americas, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
US Trust Company of California, N.A.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** Covanta SIGC Energy II, Inc.** Limited Partnership Agreement of Second Imperial Geothermal Company, a 0
4029 Ridge Top Road, Suite 200 California Limited Partnership, dated November 24, 1992.
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** Marubeni America Corporation Subordination and Intercreditor Agreement dated November 24, 1992. 0
650 California Street
San Francisco, CA 94108
Marubeni Corporation
CPO BOX 595
Tokyo 100-91 Japan
DRAVO Constructors, Inc.
One Oliver Plaza
Pittsburgh, PA 15222
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
US Trust Company of California,
N.A.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Second Imperial Geothermal Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** Second Imperial Geothermal Participation Agreement, dated as of November 24, 1992, as amended. 0
Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta SIGC Energy II, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta SIGC Geothermal
Operations, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
U.S. Trust Company of California,
N.A.
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
General Electric Capital
Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** DRAVO Corporation Assignment, Assumption and Amendment Agreement, dated November 15, 1992. 0
One Oliver Plaza, Pittsburgh, PA
15229
DRAVO Constructions, Inc.
One Oliver Plaza,
Pittsburgh, PA 15229
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Centennial Geothermal, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
ERC International, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Imperial Power Services,
Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Second Imperial Geothermal Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
Covanta Second Imperial Continental, Inc. Agreement relating to SIGC (among Ogden SIGC Energy II., Inc., as 0
SIGC 343 Second Street, Suite N Buyer, and SICI, as Seller, and Ogden Power Corporation, and Centennial
Energy Los Altos, CA 94022 Holding, Inc.), dated December 29, 1994.
II**
Covanta Energy Americas, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Holding, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Copy to:
Carol J. Stoney, Jr.
Jackson, Tufts, Cole & Black
31st Floor, 650 California Street
San Francisco, CA 94108
- ------------------------------------------------------------------------------------------------------------------------------------
Covanta Amor 14 Corporation** Stock Purchase Agreement, dated December 30, 1994. 0
SIGC 4029 Ridge Top Road, Suite 200
Energy Fairfax, VA 22030
II**
OESI Power Corporation
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
- --------
1 Notified in their capacity as Royalty Lease holders or Surface Rental holders, as listed on Exhibit C.
2 This figure reflects the combined cure amount for this agreement and the Royalty Lease held by San Diego Gas and Electric
listed on Exhibit C.
3 No current address is available for this counterparty.
* This entity will assume and assign this agreement.
** This entity will assume but not assign this agreement.
Exhibit C
Heber Debtor Contracts
(Mineral Rights and Related Leases)
I. Counterparties Accepting Settlement Agreement
- -------------------------------------------------------------------------------------------------------------------------
Covanta Party Counterparty Name And Address Type of Contract Cure Amount
- -------------------------------------------------------------------------------------------------------------------------
HFC B & M Abatti, Trustees Royalty Lease $3,581.01
Abatti Family Trust
P.O. Box 466
El Centro, CA 92244
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Acosta Royalty Lease $23.35
Lilia Acosta
P.O. Box 978
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Reynaldo L. Alvarez Royalty Lease $23.83
718 Giles Ave. C
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Cynthia Holtz Arredondo Royalty Lease $613.30
644 Cabernet Street
Los Banos, CA 93635
- -------------------------------------------------------------------------------------------------------------------------
HFC Refugio Avilez, Jr. Royalty Lease $19.45
Gloria Avilez
P.O. Box 281
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Bank Of America Royalty Lease/Surface Rental $1,648.98
L.F. Hulse Acct. # 08-5-07775-0
P.O. Box 840738
Dallas, TX 75284-0738
- -------------------------------------------------------------------------------------------------------------------------
HFC Emery Cecil Bell Royalty Lease $15.56
Monte Rae Bell
1135 So. 19th Street
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Bernadettte A. Bellah Royalty Lease $613.30
13121 Buckingham Circle
Westminister, CA 92683
- -------------------------------------------------------------------------------------------------------------------------
HFC Julia E. Boxley Royalty Lease $613.30
12132 Country Lane
Santa Ana, CA 92705
- -------------------------------------------------------------------------------------------------------------------------
HFC Fitzhugh L. Brewer Royalty Lease $5,543.86
2511 Heritage Way
Medford, OR 97504
- -------------------------------------------------------------------------------------------------------------------------
HFC Jean C. Browning, Trustee Royalty Lease $2,840.01
D.A. Gisler Trust
2415 Country Club Drive
Glendora, CA 91741
- -------------------------------------------------------------------------------------------------------------------------
HFC Jean C. Browning Royalty Lease $2,840.01
2415 Country Club Drive
Glendora, CA 91741
- -------------------------------------------------------------------------------------------------------------------------
HFC Aurelio Castillo Royalty Lease $50.54
901 Encinas
Gebiveva R. Castillo
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Catherine Croisette Royalty Lease $613.30
31061 Paseo Valencia
San Juan Capistrano, CA 92675
- -------------------------------------------------------------------------------------------------------------------------
HFC Sara Jackson Crosby Royalty Lease $5,102.48
In Care Of John D. Jackson
11558 Rolling Hills Drive
El Cajon, CA 92020
- -------------------------------------------------------------------------------------------------------------------------
HFC Janet Patricia Davila Royalty Lease $613.30
5938 Oakhill Drive
Santa Maria, CA 93455
- -------------------------------------------------------------------------------------------------------------------------
HFC Marian Lee Dobbelare Royalty Lease $3,190.20
233 Remington Loop
Danville, CA 94526
- -------------------------------------------------------------------------------------------------------------------------
HFC El Toro Land & Cattle Co. Royalty Lease/Surface Rental $6,695.03
P.O. Box G
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Suzanne Enis Royalty Lease/Surface Rental $6,408.14
23642 Tampico Bay
Dana Point, CA 92629
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria H. Felix Royalty Lease $11.66
P. O. Box 878
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose A. Garcia Royalty Lease $23.35
Hermelinda Garcia
1073 Heber Ave.
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Luis F. Garcia Royalty Lease $23.35
Diahna R. Garcia
P.O. Box 43
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Diahna Ruiz Garcia Royalty Lease
P. O. Box 43 $70.00
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Marie L. Gisler Land Trust Royalty Lease $1,151.17
In Care Of James J. Fuchs, Cpa
1520 Nutmeg Place, Suite 105
Costa Mesa, CA 92626
- -------------------------------------------------------------------------------------------------------------------------
HFC Harry R. Gisler Royalty Lease $1,151.17
In Care Of James J. Fuchs, Cpa
1520 Nutmeg Place, Suite 105
Costa Mesa, CA 92626
- -------------------------------------------------------------------------------------------------------------------------
HFC Harold Leroy Goff Royalty Lease $35.01
Bulah Mae Goff
P.O. Box 155
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Rafael C. Gonzales Royalty Lease $153.62
1057 Pitzer Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC M.S.Rice Charitable Remainder Trust Royalty Lease $140.01
Dean W. Reynolds, Inc.
1225 Prospect Street
La Jolla, CA 92037
- -------------------------------------------------------------------------------------------------------------------------
HFC Donna B. Hawk Royalty Lease $5,543.86
Russell J. Hawk
391 Golf View Drive
Medford, OR 97504
- -------------------------------------------------------------------------------------------------------------------------
HFC Heber Public Utility District Royalty Lease $847.98
P.O. Box H
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Mark Walter Hebert Royalty Lease $613.30
780 Hamilton Street Apt. #22
Costa Mesa, CA 92627
- -------------------------------------------------------------------------------------------------------------------------
HFC Paul Martin Hebert Royalty Lease $613.30
241 Walnut Street
Costa Mesa, CA 92627
- -------------------------------------------------------------------------------------------------------------------------
HFC J. C. Hill Trustee Royalty Lease $2,840.01
D. A. Gisler Trust
2317 N. Heliotrope Drive
Santa Ana, CA 92706
- -------------------------------------------------------------------------------------------------------------------------
HFC Joan C. Hill Royalty Lease $2,840.01
2317 N. Heliotrope Drive
Santa Ana, CA 92706
- -------------------------------------------------------------------------------------------------------------------------
HFC Andrew L. Holtz, Jr. Royalty Lease $613.30
P.O. Box 725
San Juan Capistrano, CA 92693
- -------------------------------------------------------------------------------------------------------------------------
HFC Brian Edward Holtz Royalty Lease $613.30
588 Camino De La Aldea
Santa Barbara, CA 93111
- -------------------------------------------------------------------------------------------------------------------------
HFC Charles Alban Holtz Royalty Lease $613.30
661 Foothill Drive
Ontario, OR 97914-8333
- -------------------------------------------------------------------------------------------------------------------------
HFC Dennis Lee Holtz Royalty Lease $613.30
757 N. Rancho Santiago
Orange, CA 92869
- -------------------------------------------------------------------------------------------------------------------------
HFC Edward Joseph Holtz Royalty Lease $613.30
9370 Circle R Drive
Escondido, CA 92026
- -------------------------------------------------------------------------------------------------------------------------
HFC Joseph Anthony Holtz Royalty Lease $613.30
1102 Via Conejo
Escondido, CA 92029
- -------------------------------------------------------------------------------------------------------------------------
HFC Stephen Holtz Royalty Lease $3,416.16
104 E. Jasper Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Walter Holtz Royalty Lease/Surface Rental $28,395.67
Toni F. Holtz
102 Ralph Road
Imperial, CA 92251
- -------------------------------------------------------------------------------------------------------------------------
HFC C. E.,S.R. & L.W. Horton 1970 Trust Royalty Lease $8,478.15
C.E. & D.W. Horton Co., Trustees
5515-3f Paseo Del Lago West
Laguna Hills, CA 92653
- -------------------------------------------------------------------------------------------------------------------------
HFC Thomas M. Hubbard Royalty Lease $1,709.27
P. O. Box 3917
Salinas, CA 93912
- -------------------------------------------------------------------------------------------------------------------------
HFC Hubbard Prop Ltd. Partnership Royalty Lease $1,709.27
P. O. Box 2962
Sun Valley, ID 83353
- -------------------------------------------------------------------------------------------------------------------------
HFC John D. Jackson, Jr. Royalty Lease $7,813.18
11558 Rolling Hills Drive
El Cajon, CA 92020
- -------------------------------------------------------------------------------------------------------------------------
HFC M. A. & C. B. Jackson Trust Royalty Lease/Surface Rental $18,200.88
Chrisman B. Jackson Trustee
P.O. Box 2736
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Edward Johnson Royalty Lease/Surface Rental $1,316.63
P. O. Box G
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Mary Johnson Testamentary Trust Royalty Lease/Surface Rental $1,316.63
P. O. Box G
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Janet W. Kelly Royalty Lease $89.50
9469 Plantation Way Lane
Germantown, TN 38139-5605
- -------------------------------------------------------------------------------------------------------------------------
HFC Kennedy's Market, Inc. Royalty Lease $38.88
P. O. Box 429
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Elizabeth G. Kircher, Royalty Lease $2,031.45
3024 E. Villa Rita
Phoenix, AZ 85032
- -------------------------------------------------------------------------------------------------------------------------
HFC Christine Marie Knirk Royalty Lease $613.30
200 Inssbrook Lane
Burnsville, MN 55306
- -------------------------------------------------------------------------------------------------------------------------
HFC James K. Kurupas Royalty Lease $1,055.88
Olivia Z. Kurupas
3310 Ranch Miguel Road
Jamul, CA 92035
- -------------------------------------------------------------------------------------------------------------------------
HFC Tom G. Kurupas Royalty Lease/Surface Rental $1,055.88
Eleanor B. Kurupas
1004 Clark Road
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC MAT, LLC Royalty Lease/Surface Rental $16,663.61
P.O. Box 1420
El Centro, CA 92244
- -------------------------------------------------------------------------------------------------------------------------
HFC Marie H. Labrucherie Royalty Lease $3,177.36
For Labrucherie Family Trust
P.O. Box 1150
Pine Valley, CA 91962
- -------------------------------------------------------------------------------------------------------------------------
HFC Beyschlag Real Property Trust Royalty Lease $22,579.93
Carol Beyschlag Love, Trustee
P.O. Box 675528
Rancho Santa Fe, CA 92067-5528
- -------------------------------------------------------------------------------------------------------------------------
HFC C. B. & R. R. Love Royalty Lease/Surface Rental $19,103.08
RR Love Trustees Trust 8-21-79
P.O. Box 675528
Rancho Santa Fe, CA 92067-5528
- -------------------------------------------------------------------------------------------------------------------------
HFC Marie Murdy Maltz Royalty Lease $1,117.33
3753 Glacier Park Way
Elk Grove, CA 95758
- -------------------------------------------------------------------------------------------------------------------------
HFC Francisco L. Marquez Royalty Lease $27.23
Alicia G. Marquez
P.O. Box 374
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Estate Of Jean B. Davis Royalty Lease $3,190.59
2231 Bent Tree Lane
Mendota Hts., MN 55120
- -------------------------------------------------------------------------------------------------------------------------
HFC Catherine Ann Murdy, Trustee Royalty Lease $1,117.72
C.A. Murdy Living Trst-111798
6362 Colgate Avenue
Los Angeles, CA 90048
- -------------------------------------------------------------------------------------------------------------------------
HFC Susan Murdy Royalty Lease $1,117.33
2241 Sacramento Street, Apt. #3
San Francisco, CA 94115
- -------------------------------------------------------------------------------------------------------------------------
HFC New Jerusalem Ministry Royalty Lease $60.24
P.O. Box 911
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Barbara Diana Oldham Royalty Lease $613.30
2389 330th Street
Eddyville, IA 52553-9714
- -------------------------------------------------------------------------------------------------------------------------
HFC Margie E. Parks Royalty Lease $229.45
745 Cerro Bonito Drive
San Marcos, CA 92069
- -------------------------------------------------------------------------------------------------------------------------
HFC Daniel Ramirez Royalty Lease $23.35
Elva Ramirez
P.O. Box B
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Billy D. Ramsay Royalty Lease $46.69
Georgia M. Ramsay
70 Crutchfield Lane
Paris, TN 38242-8576
- -------------------------------------------------------------------------------------------------------------------------
HFC Josephine Reed Royalty Lease $11.66
P. O. Box 492
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Barbara M. Rood Royalty Lease $326.66
1112 East Jasper Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Carol A. Saikhon Royalty Lease $2,771.95
1203 Delesto Drive
Beverly Hills, CA 90210
- -------------------------------------------------------------------------------------------------------------------------
HFC Diane Saikhon Royalty Lease $2,771.95
8456 Westway Drive
La Jolla, CA 92037
- -------------------------------------------------------------------------------------------------------------------------
HFC Jeffrey Saikhon Royalty Lease $2,771.95
9031 Ashcroft Avenue
Los Angeles, CA 90048
- -------------------------------------------------------------------------------------------------------------------------
HFC Saikhon Family Trust Surface Rental 0
8526 El Paseo Grande
La Jolla, CA 92037
- -------------------------------------------------------------------------------------------------------------------------
HFC Nancy M. Saikhon Royalty Lease $2,771.95
8564 El Paseo Grande
La Jolla, CA 92037
- -------------------------------------------------------------------------------------------------------------------------
HFC Francisco M. Salazar Royalty Lease $46.69
Emilia G. Salazar
1079 Pitzer Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Sandoval Royalty Lease $7.77
P. O. Box 217
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Scaroni Properties, Inc. Royalty Lease/Surface Rental $10,029.92
P.O. Box A
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Edward C. Schumm Royalty Lease $14.02
P.O. Box 197
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Signal Produce Co. Royalty Lease $101.13
P. O. Box 498
El Centro, CA 92244
- -------------------------------------------------------------------------------------------------------------------------
HFC William G. Simmons, Jr. Royalty Lease $4,122.43
Nikki Smith Simmons
681 Windmill Ranch Road
Olivenhain, CA 92024
- -------------------------------------------------------------------------------------------------------------------------
HFC Larry & Marcella Smith Surface Rental 0
29882 Platanus Dr.
Escondido, CA 92026
- -------------------------------------------------------------------------------------------------------------------------
HFC Rowan Sokolowski Royalty Lease/Surface Rental $4,116.58
2076 Emerald Street
San Diego, CA 92109
- -------------------------------------------------------------------------------------------------------------------------
HFC Helen S. Fugate Trust Royalty Lease(1) $4,116.58
Rowan Sokolowski, Trustee
2076 Emerald Street
San Diego, CA 92109
- -------------------------------------------------------------------------------------------------------------------------
HFC Claudine L. Steakley Royalty Lease/Surface Rental $4,663.00
795 Mulberry Lane
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Infinity X. I. Thomson Royalty Lease/Surface Rental $1,650.92
Victor J. Thomson Custodian
P.O. Box 7
Denton, MT 59430
- -------------------------------------------------------------------------------------------------------------------------
HFC Quasar Z. Q. Thomson Royalty Lease/Surface Rental $1,650.92
Victor J. Thomson Custodian
P.O. Box 7 Denton, MT 59430
- -------------------------------------------------------------------------------------------------------------------------
HFC Victor J. Thomson Royalty Lease/Surface Rental $33,178.77
Victor J. Thomson Company
P.O. Box 7
Denton, MT 59430
- -------------------------------------------------------------------------------------------------------------------------
HFC W. J. & H.O. Thomson 1978 Trust Royalty Lease $23,536.66
W.J. Thomson Trustee
P.O. Box 729
Santa Ynez, CA 93460
- -------------------------------------------------------------------------------------------------------------------------
HFC Dorothy Torrence Royalty Lease $1,121.07
P.O. Box 254
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Tania Rae Torrence Royalty Lease $270.62
P.O. Box 254
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Terry Jay Torrence Royalty Lease $270.62
P.O. Box 254
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Sherilee Torrence Von Werlhof Royalty Lease $270.62
P.O. Box 254
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Gene Wertheimer Royalty Lease $89.49
17801 Hunt Lake Trail
Fairbault, MN 55021
- -------------------------------------------------------------------------------------------------------------------------
HFC Pauline Williams Royalty Lease $89.44
P.O. Box 752
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Daniel Zavala Royalty Lease $153.62
Hermelinda Cuella De Zavala
1057 Pitzer Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Yahaida Linet Zaragoza Royalty Lease $19.45
P. O. Box 571
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
(1) Surface Rental transferred to Paul Marsh Pitman Jr. Only pre-petition Royalty Lease payments are payable to the
Helen S. Fugate Trust; post-petition Royalty Lease payments are payable to Paul Marsh Pitman Jr.
II. Counterparties not Accepting Settlement Agreement
- -------------------------------------------------------------------------------------------------------------------------
Covanta Party Counterparty Name And Address Type of Contract Cure Amount
- -------------------------------------------------------------------------------------------------------------------------
HFC Tony Abatti Royalty Lease $344.33
Ninfa Abatti
745 W. Ross
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Jeanne Marie Abrams Royalty Lease $613.30
13511 North Shady Slope Road
Spokane, WA 99208
- -------------------------------------------------------------------------------------------------------------------------
HFC Salvador M. Acevedo Royalty Lease $11.66
Eloisa M. Acevedo
2498 Vine Street
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose Alderete Royalty Lease $7.77
Consuelo M. Alderete
P.O. Box 168
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose Alderete, Jr. Royalty Lease $7.77
P. O. Box 168
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Lorena Alvarado Royalty Lease $15.56
P. O. Box 172
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria O. Amarillas Royalty Lease $15.56
P. O. Box 185
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Anderson Properties, Llc Royalty Lease $3,329.06
5715 Baltimore Drive #4
La Mesa, CA 91942
- -------------------------------------------------------------------------------------------------------------------------
HFC Luis Antonio Andrade Royalty Lease $35.01
P.O. Box 182
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Genaro P. Arreguin Royalty Lease $11.66
2389 Lichens Road
Montague, CA 96064
- -------------------------------------------------------------------------------------------------------------------------
HFC Manuel L. Avila Royalty Lease $15.56
Oralia Avila
P. O. Box 207
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Susana Pena Avila Royalty Lease 0
Fulgencio Avila
P. O. Box 694
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Diana Ballesteros Royalty Lease $15.56
19007 Grand Twenty
Eagle River, AK 99577
- -------------------------------------------------------------------------------------------------------------------------
HFC Rolando Beltran Royalty Lease $19.45
Rosa Beltran
P.O. Box 284
Heber, CA 92249
(760) 352-6325
- -------------------------------------------------------------------------------------------------------------------------
HFC Mary Ann Blazek Royalty Lease $613.30
In Care Of Michael Blazek
3351 Nevada Avenue
Costa Mesa, CA 92626
- -------------------------------------------------------------------------------------------------------------------------
HFC Ramon Bonesi Royalty Lease $7.77
P. O. Box 407
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Alejos Borjon Royalty Lease $151.67
Carmen Borjon
55 E. 10th Street
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Esperanza Borjon Royalty Lease $31.13
1041 Pitzer Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Domingo Borjon Royalty Lease $31.13
Maria Lourdes & Aurora Borjon
55e. 10th Street
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Dennis D. Bradshaw Royalty Lease $131.00
Carroll S. Bradshaw
1704 Sandalwood
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Ernesto Brambila Royalty Lease $23.35
P.O. Box 5051
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose Briseno Royalty Lease $15.56
P. O. Box 305
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Lourdes Burgos Royalty Lease $14.44
1212 E. Calle De Oro
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose Camargo Royalty Lease $17.08
Olga M. De Camargo
179 Main Street
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Felipe M. Cardenas Royalty Lease 0
Martha Ofelia C. Cardenas
1001 North Main St. Space #161
Las Vegas, NV 89101
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose R. Cardenas Royalty Lease $15.56
Teodora R. Cardenas
P.O. Box 308
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Curtis Corda Conservator Surface Rental 0
Corda Family Trust
1941 Pepper Drive
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Antonio Ceballos Royalty Lease $15.56
Lilia Ceballos
P.O. Box 95
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Elvira Celaya Royalty Lease $38.88
P. O. Box 128
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ramon Cervantes Royalty Lease $27.23
Artemisa Cervantes
P.O. Box 348
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Amparo Chavez Royalty Lease $5.84
P. O. Box 161
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan V. Chavez Royalty Lease $51.51
P. O. Box 642
Calipatria, CA 92233
- -------------------------------------------------------------------------------------------------------------------------
HFC Alice Adrienne Ferrell Compton Royalty Lease/Surface Rental $7,209.05
P.O. Box 1351
La Mesa, CA 91944
- -------------------------------------------------------------------------------------------------------------------------
HFC Josefina M. Conner Royalty Lease $93.33
P.O. Box 171
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Enriqueta Contreras Royalty Lease $7.77
Terry C. Bauer
P.O. Box 87
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Abraham Cortes(2) Royalty Lease $23.35
Yolanda Cortes
P.O. Box 716
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Melchor Cota Royalty Lease $23.71
Rosalinda Cota
P.O. Box 620
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Albert Alfred Cowan Royalty Lease 0
Mary Agipina Cowan
P.O. Box 42
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Frank G. Cruz Royalty Lease $15.56
Anita A. Cruz
867 Stacey
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Eleanor Davis Royalty Lease $456.95
P.O. Box 3958
Sparks, NY 89432
- -------------------------------------------------------------------------------------------------------------------------
HFC Ernestina D. De Anda Royalty Lease $15.56
J.A., and C.E. De Anda
P.O. Box 131
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Francisco Javier Delgadillo Royalty Lease $15.56
Raul Miguel Delgadillo
P.O. Box 186
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Desert Real Estate Investors Royalty Lease $3,348.50
In Care Of Patrick Hashem
123 E. First Street
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Genaro Zamora Diaz Royalty Lease $15.56
Carmen Diaz
8444 2nd Street
Paramount, CA 90723
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose Diaz Royalty Lease $15.56
Maria Diaz
P.O. Box 979
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose N. Diaz Royalty Lease $12.44
P.O. Box 357
Lamberta S. Diaz
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Manuel Diaz Royalty Lease $34.61
Ofelia Diaz
187 Gill Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Isabel R. Dominguez Royalty Lease $11.66
P. O. Box 114
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Lydia I. Dyer Royalty Lease $27.23
P.O. Box 114
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Guillermo F. Escareno Royalty Lease 0
Rachel Escareno
P.O. Box 450
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Gregoria Lopez Estrada Royalty Lease $3.89
735 Orange Avenue
Holtville, CA 92250
- -------------------------------------------------------------------------------------------------------------------------
HFC Leopoldo Estrada Royalty Lease $31.13
Teresa Estrada
P.O. Box 239
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Pauline Evangelist Royalty Lease/Surface Rental $2,047.99
1571 Aurora Drive
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Julieta Ann Evans Royalty Lease $89.50
P. O. Box 14375
Torrance, CA 90503-8375
- -------------------------------------------------------------------------------------------------------------------------
HFC Clarence Fairchild Royalty Lease $38.88
Marjorie D. Fairchild
2071 Buckman Spr. Road
Campo, CA 92006
- -------------------------------------------------------------------------------------------------------------------------
HFC Joaquin G. Fernandez Royalty Lease $22.77
175 E. Main Street
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Rosa Fernandez Royalty Lease $11.66
P.O. Box 64
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC James Gordon Ferrell Royalty Lease/Surface Rental $7,209.05
1169 Rainbow Avenue
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Luman Grover Ferrell, Trust Royalty Lease/Surface Rental $5,160.42
2251 Sandalwood Drive
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Gary Flores Royalty Lease $27.23
Isabel Flores
P.O. Box 210
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Mildred Flores Royalty Lease $15.56
P. O. Box 174
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Richard H. Flowers Royalty Lease $22.77
195 East Main Street
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Avery D. Franklin Royalty Lease $27.23
Suetta Franklin
2031 Elm Avenue
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Eugene Francis Frazier, Sr. Royalty Lease $11.66
Virginia Frazier
P.O. Box 98
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan R. Galindo Royalty Lease $15.56
Guadalupe Galindo
P.O. Box 89
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC David Gonzalez Garcia Royalty Lease $58.34
Theresa Garcia
P.O. Box 47
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Estela Ponce Garcia Royalty Lease $11.66
P. O. Box 490
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Herminio Garcia Royalty Lease $11.66
Esperanza M. Garcia
P.O. Box 57
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Gonzalez Garcia Royalty Lease $7.78
Acela C. De Gonzalez
P.O. Box 334
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Rosa Garcia Royalty Lease $3.89
P.O. Box 537
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Albert C. Gastelum Royalty Lease $15.56
Dolores Gastelum
P.O. Box 338
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC P. & M. Shaefer & D. & R. Gibson Surface Rental 0
P.O. Box 1539
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC J. G. Gilbert Royalty Lease $19.45
2305 St. Francis Street
Sulphur, LA 70663
- -------------------------------------------------------------------------------------------------------------------------
HFC Kenneth E. Glesne Royalty Lease $23.35
Ellaine P. Glesne-Trustees
18616 North 99th Ave., Apt. 1012
Sun City, AZ 85373-1443
- -------------------------------------------------------------------------------------------------------------------------
HFC Diana Luisa Godinez Royalty Lease $42.66
2141 Parnell Way
Altadena, CA 91001
- -------------------------------------------------------------------------------------------------------------------------
HFC Ignacio C. Gomez Royalty Lease $15.56
Valeria Gomez
P.O. Box 385
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Raul P. Gomez Royalty Lease $27.23
Isabel P. Gomez
1925 Hamilton Avenue
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Ascencion Gonzalez Royalty Lease $26.45
P.O. Box 288
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Raul Gonzalez Royalty Lease $23.35
Leticia Moreno Gonzales
688 Sandoval Lane
El Centro, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Louise Marie Green Royalty Lease $613.30
534 West Laveta
Orange, CA 92868
- -------------------------------------------------------------------------------------------------------------------------
HFC Asencion Gutierrez Royalty Lease $3.89
Alejandrina De Gutierrez
P.O. Box 138
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Donald Joseph Hebert Royalty Lease $613.30
241 Walnut Street
Costa Mesa, CA 92627
- -------------------------------------------------------------------------------------------------------------------------
HFC Heber School District Royalty Lease $1,497.30
1052 Heber Avenue
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria A. Hernandez Royalty Lease $5.84
P.O. Box 129
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Refugio Cruz Hernandez Royalty Lease $31.87
1856 W. Adams, Space #1
El Centro, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose Merced Herrera Royalty Lease $23.35
Juanita G. Herrera
3924 Vista Grande Drive
San Diego, CA 92115-6734
- -------------------------------------------------------------------------------------------------------------------------
HFC Oscar S. Hester, Jr. Royalty Lease $15.56
S.J. Hester
1597 West Evan Hewes Hwy.
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Estate Of Nelma L. Hester Royalty Lease 0
Ronald J. Hester, Executor
520 Pepper Drive
El Cajon, CA 92021-1024
- -------------------------------------------------------------------------------------------------------------------------
HFC Luther B. Hester Royalty Lease $424.18
Helen L. Hester
P.O. Box 253
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Dolores C. Hinds Royalty Lease 0
1068 Calma Drive
Chula Vista, CA 92010-6609
- -------------------------------------------------------------------------------------------------------------------------
HFC Ricardo C. Holguin Royalty Lease $11.66
C. Holguin, S. Holguin, M. Holguin
P.O. Box 330
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Peter Henry Holtz Royalty Lease $613.30
17578 Friends Road
Caldwell, ID 83605
- -------------------------------------------------------------------------------------------------------------------------
HFC Thomas Andrew Holtz Royalty Lease $613.30
P.O. Box 3543
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Vincent Louis Holtz Royalty Lease $613.30
18752 Symms Road
Caldwell, ID 83605
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Huertero Royalty Lease $3.89
Maria Huertero
P.O. Box 294
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Rose Ann Hurst Royalty Lease $350.00
687 West Carob Place
Chandler, AZ 85248-4418
- -------------------------------------------------------------------------------------------------------------------------
HFC County Of Imperial Royalty Lease $1,940.62
Department Of Public Works
155 South 11th Street
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC County Of Imperial Royalty Lease $14.38
Randy Rister, Director
1002 State Street
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Imperial Irrigation District Royalty Lease $847.82
P. O. Box 937
Imperial, CA 92251
- -------------------------------------------------------------------------------------------------------------------------
HFC Imperial Thermal Products Royalty Lease 0
Mr. R. Yurkovich
100 North Riverside Plaza
Chicago, IL 60606-1596
- -------------------------------------------------------------------------------------------------------------------------
HFC The Irvine Company Royalty Lease 0
P.O. Box C19512
Irvine, CA 92713
- -------------------------------------------------------------------------------------------------------------------------
HFC Michael L. Irvin Royalty Lease $338.35
P.O. Box 150801 E.
Ely, NY 89315-0801
- -------------------------------------------------------------------------------------------------------------------------
HFC Anne Loretta Jacobs Royalty Lease $613.30
44957 Jacobs Road
Baker City, OR 97814
- -------------------------------------------------------------------------------------------------------------------------
HFC Rosalva Villareal Jauregui(3) Royalty Lease $15.56
P.O. Box 363
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Atanacio Lopez Jimenez Royalty Lease $3.89
P.O. Box 69
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Francisco Javier Jimenez Royalty Lease $13.69
Isabel Cristina Jimenez
P.O. Box 499
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Alicia Khan Royalty Lease $22.03
1877 Santa Rosa Road
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC John R. Lemon Royalty Lease $61.84
Diane M. Lemon
175 East Cole Road
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Robert M. Lemon Royalty Lease $674.45
Mary Lemon
175 East Cole Road
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Elida Chapa Leyva Royalty Lease $15.56
P.O. Box 313
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Diego C. Lopez Royalty Lease $15.56
Maria C. Lopez
P.O. Box 328
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ernesto Lopez Sr. Royalty Lease $40.77
Jeannette M. Lopez
176 Gill Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Francisco V. Lopez Royalty Lease $19.45
Rosa P. Lopez
632 Mc Kinley
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Lopez Royalty Lease $155.59
Rosa Lopez
P.O. Box 846
El Centro, CA 92244
- -------------------------------------------------------------------------------------------------------------------------
HFC Rosalio Lopez Royalty Lease $19.45
Nemcia C. Lopez
P.O. Box 55
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Salvador Lopez Royalty Lease $20.58
P.O. Box 322
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Arturo R. Luna Royalty Lease $3.89
Refugio V. Luna
P.O. Box 314
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Alfonso Luquin Royalty Lease $23.35
Monica Solorio
P.O. Box 696
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Adelaida Macias Royalty Lease 0
C/O The Bartlett Center
600 E. Washington Avenue
Santa Ana, CA 92701
- -------------------------------------------------------------------------------------------------------------------------
HFC Rosa L. Maldonado Royalty Lease $21.01
P.O. Box 1000
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Encarnacion Manzano Royalty Lease $15.56
C. Manzano, Refugio Manzano
P.O. Box 80
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Antonio Martinez Royalty Lease $3.89
Gloria Martinez
P.O. Box 612
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Consuelo C. Martinez Royalty Lease $493.91
3430 Cecelia Jo. Road
Ramona, CA 92065
- -------------------------------------------------------------------------------------------------------------------------
HFC Genaro H. Martinez Royalty Lease $7.77
Refugio Martinez
P.O. Box 680
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Harry Martinez Royalty Lease $11.66
P.O. Box 234
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Margarita K. Martinez Royalty Lease $35.01
P.O. Box 462
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Rose Matus Royalty Lease $27.23
P. O. Box 135
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ralph M. McMillan Royalty Lease $31.13
Ray Gene McMillan
2330 Lake Morena Drive
Campo, CA 92006
- -------------------------------------------------------------------------------------------------------------------------
HFC Frank Orraj & Pilar McNeece Surface Rental 0
670 East 32nd Street, Suite 1
Yuma, AZ 85365
- -------------------------------------------------------------------------------------------------------------------------
HFC Luz Maria Simon Medina Royalty Lease $11.66
P. O. Box 368
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria Ester Mejia Mejio Royalty Lease $35.01
P. O. Box 1044
King City, CA 93930
- -------------------------------------------------------------------------------------------------------------------------
HFC Porfirio Mendez Royalty Lease $151.66
M.A, M, P.Jr, R, P, G, J, & A Mendez
P.O. Box 355
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Minerals Management Service Royalty Lease $132.22
Rmp-Solid Minerals Section
P.O. Box 5810 T.A. Ca-9062
Denver, CO 80217-5810
- -------------------------------------------------------------------------------------------------------------------------
HFC Edward Miranda Royalty Lease $15.56
P.O. Box 29
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Frank S. Monreal Royalty Lease $62.21
P. O. Box 420
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jorge Garcia Montes Royalty Lease $15.56
Guillermina Montes
P.O. Box 530
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria Gutierrez Montes Royalty Lease $7.20
P. O. Box 34
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Gorgonio Moreno Royalty Lease $3.89
Altagracia C. Moreno
P.O. Box 508
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Bob Morrison Royalty Lease $57.34
Vina Louise Morrison
P.O. Box 234
Richland, OR 97870
- -------------------------------------------------------------------------------------------------------------------------
HFC Doris A. Mullins Royalty Lease $3,190.20
1533 9th Avenue E
Gooding, ID 83330-6164
- -------------------------------------------------------------------------------------------------------------------------
HFC Martina Mullins Royalty Lease 0
P. O. Box 35
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Helen Munson Royalty Lease $456.95
1134 Glendora Avenue
Covina, CA 91724-1504
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Manuel Murillo Royalty Lease $19.45
P. O. Box 282
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Baldomero C. Navarro Royalty Lease $19.45
P.O. Box 413 19.45 Guadalupe Paez Navarro
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesus Navarro Royalty Lease $15.56
P.O. Box 834 15.56 Sonia Navarro
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Altagracia Aguirre Nieblas Royalty Lease $23.34
P.O. Box 129
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Nowlin Partnership Royalty Lease/Surface Rental $23,329.54
C/O PIT VII. Inc.
6017 E. McKellips #104-46
Mesa AZ 85215
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesus A. Nunez Royalty Lease $11.66
P.O. Box 681
Maria Elena Nunez
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Roberto Ochoa Royalty Lease 0
P.O. Box 401
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Robert & Phyllis O'Dell Royalty Lease/Surface Rental $7,460.94
530 W. McCabe Road
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Fernando E. Olague Royalty Lease $19.45
David P. & Ruth Olague
P.O. Box 931
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Robert Olague Royalty Lease $11.66
Delia Olague
P.O. Box 74
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Joe F. Olvera Royalty Lease $23.35
Maria V. Olvera
P.O. Box 65
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Enrique Ortiz Royalty Lease 0
Petra Ortiz
P.O. Box 302
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesus R. Ortiz Royalty Lease $11.66
Carmen Mendez Ortiz
P.O. Box 516
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Inez Catherine Osborne Royalty Lease $1,575.07
P.O. Box 874
El Centro, CA 92244-0074
- -------------------------------------------------------------------------------------------------------------------------
HFC Joshua Michael Oxman Royalty Lease $623.71
In Care Of Linda Beth Oxman
2166 Arbor Circle
Brea, CA 92621
- -------------------------------------------------------------------------------------------------------------------------
HFC Zachary William Oxman Royalty Lease $623.71
2 Enterprise Apartment 10304
Alisa Viejo, CA 92656
- -------------------------------------------------------------------------------------------------------------------------
HFC Luis Padilla Royalty Lease $19.45
Margarita M. Padilla
P.O. Box 392
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ruben Panduro Royalty Lease $19.43
74 10th Street
P. O. Box 372
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Santos O. Patino Royalty Lease $73.90
Oralia Patino
1051 Corfman Road
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Enrique A. Perez Royalty Lease $23.35
Maria Perez
1786 W. Adams, Space #2
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC David F. Perillo Royalty Lease $11.66
169 East Main Street
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria S. Piceno Royalty Lease $7.77
Maria Aida Piceno Zavala
P.O. Box 1046
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Myrtle R. Powers Royalty Lease 0
P.O. Box 268
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose Gerardo Preciado Royalty Lease $19.45
P.O. Box 74
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Anna Quintero Royalty Lease $15.56
P. O. Box 154
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Felix Quintero Royalty Lease 0
51925 Avenida Velasco
La Quinta, CA 92253
- -------------------------------------------------------------------------------------------------------------------------
HFC Esther F. Quirarte Royalty Lease $15.56
P. O. Box 228
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Berta Ramirez Royalty Lease $15.56
P. O. Box 53
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Ramirez Royalty Lease $35.01
Celia O. Ramirez
P.O. Box 53
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan C. Ramirez Royalty Lease $35.01
Irma N. Ramirez
P.O. Box 1009
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Esther B. Ramos Royalty Lease $19.45
P. O. Box 2
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose P. Ramos Royalty Lease $19.45
Belen C. Ramos
P.O. Box 278
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Nicasio Quirarte Ramos Royalty Lease $30.70
Socorro Quirarte Ramos
P.O. Box 148
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Sebastiana Ray Royalty Lease $15.56
P. O. Box 112
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan M. Rivera Royalty Lease $19.45
Lydia Rivera
P.O. Box 108
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Daniel O. Robinson Royalty Lease $412.25
Jean A. & Jennie B. Robinson
24 E. D R Kincaid
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Ramon F. Robledo Royalty Lease $45.20
Lupe Robledo
P.O. Box 4
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Francisco Rodriguez Royalty Lease $3.89
P. O. Box 614
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Gabriel Rodriguez, Jr. Royalty Lease $19.45
P.O. Box 708
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Lucio Rodriguez Royalty Lease $15.56
Francisca Lopez Rodriguez
P.O. Box 426
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria T. Rodriguez Royalty Lease $15.56
1387 W. Union Street
San Bernardino, CA 92411
- -------------------------------------------------------------------------------------------------------------------------
HFC Miguel A. Rodriguez Royalty Lease $15.56
Noemi Rodriguez
P.O. Box 664
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Maria M. Rojas Royalty Lease $11.66
Adelina F. Ochoa
P.O. Box 214
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Roman Catholic Bishop Royalty Lease $46.69
P. O. Box 85728
San Diego, CA 92186-5728
- -------------------------------------------------------------------------------------------------------------------------
HFC Manuel Romo Royalty Lease $64.97
Alberta P. Romo
P.O. Box 37
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Guadalupe G. Rosas Royalty Lease $7.77
P.O. Box 416
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Manuel Rubalcava Royalty Lease $7.77
P.O. Box 5
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Encarnacion Ruiz Royalty Lease $31.15
P. O. Box 21
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose T. Ruiz Royalty Lease $23.35
Estela Ruiz & Freddie Reyes
P.O. Box 996
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Norma Ruiz Royalty Lease $19.45
P. O. Box 19
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Arnulfo G. Salazar Royalty Lease 0
8444 S. Buffalo Avenue Apt. #1
Chicago, IL 60617-2609
- -------------------------------------------------------------------------------------------------------------------------
HFC David Salazar Royalty Lease $19.45
Rosemary Salazar
877 Scott
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Natalie Salazar Royalty Lease $15.56
P. O. Box 473
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Saldivar Royalty Lease $23.33
Petra I. Saldivar
P.O. Box 357
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Andy Sanchez Royalty Lease $11.66
P. O. Box 62
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Linda Nava Sanchez Royalty Lease $11.66
P. O. Box 397
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC San Diego Gas And Electric Co. Royalty Lease $88,701.52(4)
Glen Holland CP41D
8306 Century Park Ct.
San Diego, CA 92123-1593
- -------------------------------------------------------------------------------------------------------------------------
HFC Edward Silvas Royalty Lease $11.66
Natalie Salazar
P.O. Box 160
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Eugenio Silva Royalty Lease $7.77
Silvia G. Silva
P.O. Box 159
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesse B. Silva Royalty Lease $21.30
Maria R. Silva
2284 Pepper Drive
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC John F. Silva Royalty Lease $15.56
637 Heil
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Serafin Silva Royalty Lease $11.66
Mary Silva
P.O. Box 402
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Antonia Simon Royalty Lease $11.66
P. O. Box 368
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesus M. Singh Royalty Lease $30.37
Herlinda M. Singh
357 Eucalyptus Avenue
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Neva Smith Royalty Lease $2,712.01
735 Baylor Avenue
Bonita, CA 91902
- -------------------------------------------------------------------------------------------------------------------------
HFC Rosa R. Soto Royalty Lease $50.58
695 Desert Gardens Drive
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Southern Pacific Trans. Co. Royalty Lease/Surface Rental $3,165.70
P. O. Box 209711
Houston, TX 77216-9711
- -------------------------------------------------------------------------------------------------------------------------
HFC Bertie Faye Stafford Royalty Lease $38.88
P. O. Box 71
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Felipe Sustaita Royalty Lease $11.66
Esperanza Sustaita
P.O. Box 201
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Arturo G. Tabarez Royalty Lease $19.45
P.O. Box 1882
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Pompeyo R. Tabarez Royalty Lease $35.01
Norma A. Tabarez
P.O. Box 558 Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Salome Tabarez Royalty Lease $11.66
P.O. Box 1882
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Victoriano Tabarez Royalty Lease $15.56
P.O Box 142
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Guadalupe Tamaya Royalty Lease $3.89
P.O. Box 17
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Tony & Lillian Terribilini Surface Rental 0
245 East Dealwood Road
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Benjamin F. Thompson, Jr. Royalty Lease 0
Portia M. Thompson
56609 Golden Bee Drive
Yucca Valley, CA 92284-4240
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan H. Topete Royalty Lease
Maria Topete $15.56
P.O. Box 20
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Sofia Torres Royalty Lease $44.37
P.O. Box 225
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ramiro Gonzalez Torres Royalty Lease 0
P.O. Box 288
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesse Urbanek Royalty Lease $381.14
3580 S. Newcomb
Mendota, CA 93640
- -------------------------------------------------------------------------------------------------------------------------
HFC Josefina Uriarte Royalty Lease $11.66
P. O. Box 478
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC John Urias Royalty Lease $35.01
Margaret Urias
P.O. Box 104
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ignacio Uribe Royalty Lease $7.77
P.O. Box 176
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesus Uribe Royalty Lease $15.56
Maria Elena Uribe
P.O. Box 365
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC David Joseph Utick Royalty Lease $613.30
10891 Furlong Drive
Santa Ana, CA 92705
- -------------------------------------------------------------------------------------------------------------------------
HFC Frank Steven Utick Royalty Lease $613.30
13121 Buckingham Circle
Westminister, CA 92683
- -------------------------------------------------------------------------------------------------------------------------
HFC Heliodoro Valdez Royalty Lease 0
Cristina Valdez
P.O. Box 3241
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Leonardo C. Valenzuela Royalty Lease $7.77
Raquel B. Valenzuela
P.O. Box 594
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Raymundo C. Valenzuela Royalty Lease $7.77
Aurora D. Valenzuela
P.O. Box 311
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ricardo Valenzuela Royalty Lease 0
P. O. Box 232
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC William P. Valusek Royalty Lease $88.18
Rose Marie Valusek
185 East Cole Road
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Jose M. Vasquez Royalty Lease $35.01
Guadalupe, Carmen & Jorge Vasquez
P.O. Box 152
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Rene F. Vega Royalty Lease $34.61
Alicia Vega
189 Gill Road
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Severiano Veliz Royalty Lease $19.45
Tomasa V. Veliz
P.O. Box 404
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Angel Villa Royalty Lease $15.56
Esther Villa
P.O. Box 125
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Armando Villarreal Royalty Lease $15.56
P.O. Box 46
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Fernando Villa Royalty Lease $7.77
Gloria Villa
P.O. Box 586
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Juan Villafana Royalty Lease $34.61
Rosa Villafana
945 Lincoln Street
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Jesus R. Villagomez Royalty Lease $11.66
Maria Trinidad A. De Villagomez
P.O. Box 200
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Rafael Villanueva Royalty Lease $10.23
Patricia Villanueva
P.O. Box 913
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ramiro Villarreal Royalty Lease $8.95
Angela Villareal
P.O. Box 75
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Ramiro L. Villarreal Royalty Lease $15.56
Elisa Villareal
P.O. Box 297
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Robert G. Walcutt Royalty Lease $27.23
Rachel L. Walcutt
P.O. Box 876
El Centro, CA 92244
- -------------------------------------------------------------------------------------------------------------------------
HFC Patricia Lea Walker Royalty Lease $613.30
13821 Henstridge Circle
Tustin, CA 92780
- -------------------------------------------------------------------------------------------------------------------------
HFC Henry Werthheimer, Jr. Royalty Lease $541.28
Wetheimer Livestock
P.O. Box 179
South St. Paul, MN 55075
- -------------------------------------------------------------------------------------------------------------------------
HFC Samuel Werthheimer Royalty Lease $268.49
6320 Upper 35th Street, North
Oakdale, MN 55128
- -------------------------------------------------------------------------------------------------------------------------
HFC L. W. White Royalty Lease $19.45
Anna Lee White
400 Madrona Avenue, Apt. 222
Se Salem, OR 97302
- -------------------------------------------------------------------------------------------------------------------------
HFC Wilbur-Ellis Co. Royalty Lease 0
Frank Brown, Vice President
345 California St. 27th Floor
San Francisco, CA 94104-2606
- -------------------------------------------------------------------------------------------------------------------------
HFC Kenyon R. Williamson Royalty Lease $2,711.96
5424 W. Wagoner Road
Glendale, AZ 85308
- -------------------------------------------------------------------------------------------------------------------------
HFC Robert C. Williamson Royalty Lease $2,711.96
218 E. Market Drive
Bethlehem, PA 18018
- -------------------------------------------------------------------------------------------------------------------------
HFC Donald Lee Wogatze Royalty Lease $23.35
P. O. Box 695
Bloomington, CA 92316
- -------------------------------------------------------------------------------------------------------------------------
HFC Opal S. Wood Royalty Lease $11.66
13 Acacia Lane
Escondido, CA 92025
- -------------------------------------------------------------------------------------------------------------------------
HFC William T. Worthington Royalty Lease $38.89
Barbara Worthington
P.O. Box 205
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Imperial County Property Service Surface Rental 0
1002 State Street
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Paul Marsh Pitman, Jr. Royalty Lease 0
2832 E. Arden Lane
Merced, CA 95340
- -------------------------------------------------------------------------------------------------------------------------
HFC LaBrucherie Ranch, Inc. Surface Rental 0
P.O. Box 1420
El Centro, CA 92244
- -------------------------------------------------------------------------------------------------------------------------
HFC Effie Conn(5) Long-Term Holds $200.00
C/O Mr. David Conn
644 West Main Road
El Centro, CA 92243
- -------------------------------------------------------------------------------------------------------------------------
HFC Susana Pena Avila Long-Term Holds $85.22
Fulgencio Avila
P. O. Box 694
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Felipe M. Cardenas Long-Term Holds $451.64
Martha Ofelia C. Cardenas
1001 North Main St. Space #161
Las Vegas, NV 89101
- -------------------------------------------------------------------------------------------------------------------------
HFC Albert Alfred Cowan Long-Term Holds $2,235.92
Mary Agipina Cowan
P.O. Box 42
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Estate Of Nelma L. Hester Long-Term Holds $582.84
Ronald J. Hester, Executor
520 Pepper Drive
El Cajon, CA 92021-1024
- -------------------------------------------------------------------------------------------------------------------------
HFC Dolores C. Hinds Long-Term Holds $748.76
1068 Calma Drive
Chula Vista, CA 92010-6609
- -------------------------------------------------------------------------------------------------------------------------
HFC Imperial Thermal Products Long-Term Holds $13,220.96
Mr. R. Yurkovich
100 North Riverside Plaza
Chicago, IL 60606-1596
- -------------------------------------------------------------------------------------------------------------------------
HFC The Irvine Company Long-Term Holds $27,865.93
P.O. Box C19512
Irvine, CA 92713
- -------------------------------------------------------------------------------------------------------------------------
HFC Adelaida Macias Long-Term Holds $289.35
C/O The Bartlett Center
600 E. Washington Avenue
Santa Ana, CA 92701
- -------------------------------------------------------------------------------------------------------------------------
HFC Martina Mullins Long-Term Holds $66.05
P. O. Box 35
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Roberto Ochoa Long-Term Holds $413.01
P.O. Box 401
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Enrique Ortiz Long-Term Holds $423.81
Petra Ortiz
P.O. Box 302
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Myrtle R. Powers Long-Term Holds $253.49
P.O. Box 268
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Felix Quintero Long-Term Holds $164.98
51925 Avenida Velasco
La Quinta, CA 92253
- -------------------------------------------------------------------------------------------------------------------------
HFC Arnulfo G. Salazar Long-Term Holds $340.80
8444 S. Buffalo Avenue Apt. #1
Chicago, IL 60617-2609
- -------------------------------------------------------------------------------------------------------------------------
HFC Benjamin F. Thompson, Jr. Long-Term Holds $3,867.23
Portia M. Thompson
56609 Golden Bee Drive
Yucca Valley, CA 92284-4240
- -------------------------------------------------------------------------------------------------------------------------
HFC Ramiro Gonzalez Torres Long-Term Holds $8,999.03
P.O. Box 288
Heber, CA 92249
- -------------------------------------------------------------------------------------------------------------------------
HFC Union Fee Property(6) Long-Term Holds $30,432.32
- -------------------------------------------------------------------------------------------------------------------------
HFC Heliodoro Valdez Long-Term Holds $1,314.82
Cristina Valdez
P.O. Box 3241
Calexico, CA 92231
- -------------------------------------------------------------------------------------------------------------------------
HFC Wilbur-Ellis Co. Long-Term Holds $806.47
Frank Brown, Vice President
345 California St. 27th Floor
San Francisco, CA 94104-2606
- -------------------------------------------------------------------------------------------------------------------------
- --------
2 This interest was transferred from Lois Lyons and Alfred W. Lyons.
3 Interest transferred from Roberto Villareal and Consuelo J. Villareal.
4 This figure reflects the combined cure amount for this agreement and the
Settlement Agreement between San Diego Gas and Electric and Union Oil
Company of California, dated April 21, 1989, and listed on Exhibit B.
5 Deceased.
6 No current address is available for this counterparty.
Exhibit D
Additional Contracts
- ------------------------------------------------------------------------------------------------------------------------------------
Cure
Covanta Party Counterparty Name and Address Type of Contract Amount
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Second Imperial Geothermal Company** Participation Agreement, dated as of November 24, 0
4029 Ridge Top Road, Suite 200 1992, as amended.
Fairfax, VA 22030
Covanta SIGC Energy II, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta SIGC Geothermal Operations, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Attention: Mr. Paul B. Clements
U.S. Trust Company of California, N.A.
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** DRAVO Corporation Assignment, Assumption and Amendment Agreement (among 0
One Oliver Plaza DRAVO Corporation, DRAVO Constructors, Inc.,
Pittsburgh, PA 15222 Centennial Energy, Inc., Centennial Geothermal,
Inc., ERC International, Inc., ERC Energy, Inc.,
DRAVO Constructions, Inc. Imperial Power Services, Inc., SIGC, Second Imperial
One Oliver Plaza Continental, Inc., Amor 14 Corporation), dated
Pittsburgh, PA 15222 November 15, 1992.
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Centennial Geothermal, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
ERC International, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Imperial Power Services, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Amor 14 Corporation**
4000 Kruse Way Place
Lake Oswego, OR 97035
- ------------------------------------------------------------------------------------------------------------------------------------
SIGC** Amor 14 Corporation** Amendment No. 1 to Participation Agreement dated 0
4029 Ridge Top Road November 24, 1992 (among SIGC, Amor 14 Corporation,
Suite 200 SICI, Ogden SIGC Geothermal Operations, Inc., US
Fairfax, VA 22030 Trust, ASC, GECC), dated September 1, 1993.
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Ogden SIGC Geothermal Operations, Inc.*
4029 Ridge Top Road
Suite 200
Fairfax, VA 22030
Aircraft Services Corporation
1600 Summer Street
Stamford, CT 06927
General Electric Capital Corporation
1600 Summer Street
Stamford, CT 06927
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** Amor 14P Corporation Assignment, Assumption, Consent and Release Agreement 0
4029 Ridge Top Road, Suite 200 dated December 29, 1994.
Fairfax, VA 22030
OESI Power Corporation
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Centennial Holding, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
Covanta SIGC Geothermal Operations, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta SIGC Energy, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta SIGC Energy II, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Energy Americas, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
U.S. Trust Company of New York
114 West 47th Street
New York, NY 10036
General Electric Capital Corporation
120 Long Ridge Road
Stamford, CT 06927
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
ERC ENERGY* Heber Geothermal Company** Assignment, Assumption, Consent & Release Agreement, 0
4029 Ridge Top Road, Suite 200, dated June 1, 1999.
Fairfax, VA 22030
ERC Energy II, Inc*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Imperial Power Services*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corporation*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Holding, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Centennial Geothermal, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
U.S. Trust Company of New York
114 West 47th Street
New York, NY 10036
General Electric Capital Corporation
120 Long Ridge Road
Stamford, CT 06927
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER FIELD ENERGY II* Heber Field Company** Assignment, Assumption, Consent & Release Agreement, 0
4029 Ridge Top Road, Suite 200 dated June 1, 1999.
Fairfax, VA 22030
Covanta Heber Field Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Geothermal Operations, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corporation*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Field Company
343 Second Street, Ste. N
Los Altos, CA 94022
Centennial Holding, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
U.S. Trust Company of California
114 West 47th Street
New York, NY 10036
Aircraft Services Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA SIGC ENERGY II** Second Imperial Continental, Inc. Agreement Relating to SIGC (among Ogden SIGC Energy 0
343 Second Street, Suite N II., Inc., as Buyer, and SICI, as Seller, and Ogden
Los Altos, CA 94022 Power Corporation, and Centennial Holding, Inc.),
dated December 29, 1994.
Covanta Energy Americas, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Holding, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Copy to:
Carol J. Stoney, Jr.
Jackson, Tufts, Cole & Black
31st Floor, 650 California Street
San Francisco, CA 94108
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** Amor 14P Corporation Buyout Agreement dated November 24, 1992. 0
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
OESI Power Corporation
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Second Imperial Continental, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Centennial Geothermal, Inc.
343 Second Street, Suite N
Los Altos, CA 94022
ERC International, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Second Imperial Geothermal Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
AMOR** Marubeni America Corporation Amendment Agreement dated November 24, 1992. 0
650 California Street
San Francisco, CA 94108
Marubeni Corporation
CPO BOX 595
Tokyo 100-91 Japan
Centennial Energy, Inc.
650 California Street, 22nd Floor
San Francisco, CA 94108
Ogden Environmental and Energy Services
Co., Inc.*
4029 Ridge Top Road, Suite 200,
Fairfax VA 22030
Second Imperial Continental, Inc.,
343 Second Street, Suite N
Los Altos, CA 94022
Second Imperial Geothermal Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER LOAN PARTNERS* General Electric Capital Corporation Agreement Relating to HGC and HFC, dated December 0
120 Long Ridge Road 20, 2000, as amended February 11, 2002.
Stamford, CT 06927
Covanta Energy Corporation*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corporation, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Geothermal Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Heber Field Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Field Company**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Heber Field Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER LOAN PARTNERS* ERC Energy, Inc.* Heber Geothermal Partnership Agreement, dated August 0
4029 Ridge Top Road, Suite 200 12, 1983, as amended.
Fairfax, VA 22030
ERC Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER LOAN PARTNERS* ERC Energy, Inc.* ERC, ERCII and Heber Loan Partners Agreement, dated 0
4029 Ridge Top Road, Suite 200 March 30, 2001.
Fairfax, VA 22030
ERC Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
General Electric Capital Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
ERC ENERGY* ERC Energy II, Inc.* Heber Loan Partners Partnership Agreement, dated as 0
c/o Covanta Energy Americas, Inc. of March 23, 1989.
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
ERC ENERGY* Covanta Power Equity Corporation* Release Agreement, dated June 1, 1999. 0
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
ERC Energy II, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Geothermal, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
Centennial Holding, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
- ------------------------------------------------------------------------------------------------------------------------------------
ERC ENERGY II* Centennial Geothermal, Inc. Agreement Relating to Heber Geothermal Company, dated 0
343 Second Street May 19, 1999.
Los Altos, CA 94022
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER FIELD ENERGY II* Covanta Heber Field Energy Inc.* Heber Field Company Partnership Agreement, dated 0
4029 Ridge Top Road, Suite 200 November 1, 1991.
Fairfax VA 22030
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER FIELD ENERGY II* Covanta Heber Field Energy, Inc.* Agreement Relating to Heber Field Company, dated May 0
4029 Ridge Top Road, Suite 200 19, 1999.
Fairfax, VA 22030
Covanta Energy, Inc.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Field, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
Centennial Holding, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER FIELD ENERGY II* Covanta Heber Field Energy, Inc.* Release Agreement, dated June 1, 1999. 0
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Covanta Power Equity Corp.*
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Centennial Field, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
Centennial Holding, Inc.
343 Second Street, Ste. N
Los Altos, CA 94022
- ------------------------------------------------------------------------------------------------------------------------------------
HEBER FIELD ENERGY II* Covanta Heber Field Energy, Inc.* HFE and HFEII Agreement, dated March 30, 2001. 0
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
General Electric Capital Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA SIGC GEOTHERMAL Second Imperial Geothermal Company** Participation Agreement, dated as of November 24, 0
OPERATIONS* 4029 Ridge Top Road, Suite 200 1992, as amended.
Fairfax, VA 22030
Covanta SIGC Energy II, Inc.**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Amor 14 Corporation**
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
Attention: Paul B. Clements
U.S. Trust Company of California, N.A.
114 West 47th Street
New York, New York 10036
Aircraft Services Corporation
1600 Summer Street
Stamford Street
Stamford, Connecticut 06905
General Electric Capital Corporation
P.O. Box 8300
Stamford, Connecticut 06904
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA GEOTHERMAL Acme Staffing Temporary Labor $8,996.30
OPERATIONS* P.O. Box 1076
Yuma, AZ 85366
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA IMPERIAL POWER Acme Staffing Temporary Labor $4,136.58
SERVICES* P.O. Box 1076
Yuma, AZ 85366
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA SIGC GEOTHERMAL Acme Staffing Temporary labor $21,764.21
OPERATIONS* P.O. Box 1076
Yuma, AZ 85366
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA GEOTHERMAL Ondeo Nalco Water Science Contract $31,195.13
OPERATIONS* Barrett Snell
P.O. Box 70716
Chicago, IL 70716
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA IMPERIAL POWER Ondeo Nalco Water Science contract $12,927.55
SERVICES* Barrett Snell
P.O. Box 70716
Chicago, IL 70716
- ------------------------------------------------------------------------------------------------------------------------------------
COVANTA SIGC GEOTHERMAL Ondeo Nalco Water science contract $45,824.21
OPERATIONS* Barrett Snell
P.O. Box 70716
Chicago, IL 70716
- ------------------------------------------------------------------------------------------------------------------------------------
* This entity will assume and assign this agreement.
** This entity will assume but not assign this agreement.
Exhibit E
O&M Contracts
(Assigned Only)
- --------------------------------------------------------------------------------------------------------------------------
Covanta Party Counterparty Name and Address Type of Contract Cure Amount
- --------------------------------------------------------------------------------------------------------------------------
SIGC Covanta SIGC Geothermal Operations, Inc. Operation and Maintenance Agreement, dated 0
4029 Ridge Top Road, Suite 200 as of November 24, 1992. Covanta SIGC
Fairfax, VA 22030 Geothermal Operations, Inc. is the
operator.*
- --------------------------------------------------------------------------------------------------------------------------
HFC Covanta Geothermal Operations, Inc. Operation and Maintenance Agreement dated 0
4029 Ridge Top Road December 18, 1991.*
Suite 200
Fairfax, VA 22030
Attention: Paul B. Clements
- --------------------------------------------------------------------------------------------------------------------------
HGC Covanta Imperial Power Services, Inc. Second Amended and Restated Heber 0
4029 Ridge Top Road, Suite 200 Geothermal Generating Plant Operations and
Fairfax, VA 22030 Maintenance Contract, dated March 27, 1989,
as amended. Imperial Power provides
operational and maintenance services for
debtor.*
- --------------------------------------------------------------------------------------------------------------------------
*These agreements appear on both this Exhibit and Exhibit F.
Exhibit F
Heber Debtor Contracts
(Previously Assumed Contracts)
- --------------------------------------------------------------------------------------------------------------------------
Covanta Party Counterparty Name and Address Type of Contract Cure Amount
- --------------------------------------------------------------------------------------------------------------------------
SIGC/HFC U.S. Trust Company of California, N.A. Sublease and Geothermal Fluid Agreement, 0
114 West 47th Street dated as of November 17, 1992, as amended.
New York, NY 10036 SIGC is the lessee, and HFC is the lessor.
Assumed by bankruptcy court order dated
June 27, 2002.
- --------------------------------------------------------------------------------------------------------------------------
HFC Heber Geothermal Company Geothermal Sales Agreement dated December 0
4029 Ridge Top Road 18, 1991, as amended. HFC is the successor
Suite 200 in interest to US Trust Company of
Fairfax, VA 22030 California. Assumed by bankruptcy court
order dated June 27, 2002.
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SIGC Covanta SIGC Geothermal Operations, Inc. Operation and Maintenance Agreement, dated 0
4029 Ridge Top Road, Suite 200 as of November 24, 1992. Covanta SIGC
Fairfax, VA 22030 Geothermal Operations, Inc. is the
operator. *
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HFC Covanta Geothermal Operations, Inc. Operation and Maintenance Agreement dated 0
4029 Ridge Top Road December 18, 1991.*
Suite 200
Fairfax, VA 22030
Attention: Paul B. Clements
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HGC Covanta Imperial Power Services, Inc. Second Amended and Restated Heber 0
4029 Ridge Top Road, Suite 200 Geothermal Generating Plant Operations and
Fairfax, VA 22030 Maintenance Contract, dated March 27, 1989,
as amended. Imperial Power provides
operational and maintenance services for
debtor.*
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*These agreements appear on both this Exhibit and Exhibit E.