Exhibit 2.1
CLEARY, GOTTLIEB, STEEN & HAMILTON
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' THIRD AMENDED JOINT PLAN OF REORGANIZATION
UNDER CHAPTER 11 OF THE BANKRUPTCY CODE
November 21, 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'
Third 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.........................................................14
2.4 Priority Tax Claims...........................................................................15
2.5 DIP Financing Facility Claims.................................................................16
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.]......................................................................19
4.6 [Intentionally Omitted.]......................................................................19
4.7 Class 7 - Allowed Unsecured Claims............................................................19
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...................................................................23
6.7 [Intentionally Omitted.]......................................................................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.............................................................................24
7.1 Distribution Record Date......................................................................24
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.....................................................................26
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..........................................................................29
9.3 Cure of Defaults..............................................................................29
9.4 Objections....................................................................................29
9.5 Approval of Assumption of Certain Executory Contracts.........................................30
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......................31
10.1 Conditions to Confirmation....................................................................31
10.2 Conditions Precedent to the Effective Date....................................................31
10.3 Waiver of Conditions..........................................................................32
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...........................................................................33
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.....................................................34
11.7 Exculpation...................................................................................34
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............................................................38
13.5 Courts of Competent Jurisdiction..............................................................38
13.6 Exemption From Transfer Taxes.................................................................38
13.7 Rules of Construction.........................................................................39
13.8 Computation of Time...........................................................................39
13.9 Successors and Assigns........................................................................39
13.10 Notices.......................................................................................39
13.11 Severability..................................................................................40
13.12 Governing Law.................................................................................41
13.13 Exhibits......................................................................................41
13.14 Counterparts..................................................................................41
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
HEBER REORGANIZATION PLAN.
To the extent there is no prejudice to the 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.
"Alternative Transaction Purchase Agreement" means that certain
purchase agreement, dated as of November 21, 2003, as it may be amended, by and
among certain Debtor Sellers, Covanta Power Pacific, Inc., Covanta Energy
Corporation and the Buyers.
"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 Orheber 1 Inc., Orheber 2 Inc., Orheber 3 Inc. and
Ormammoth Inc.
"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;
provided, however, that to the extent the Buyers directly acquire the Equity
Interests in the SIGC Project Company rather than the Equity Interests in SIGC
One Sub and SIGC Two Sub in accordance with Section 2.1 of the Alternative
Transaction Purchase Agreement, the term "Debtor Sellers" shall also include
SIGC Two Sub and Amor.
"Debtors" means the Liquidating Debtors, the Reorganizing Debtors and
the Heber Debtors, collectively.
"Deposit" has the meaning ascribed to such term in the Alternative
Transaction Purchase Agreement.
"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 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 Alternative Transaction Purchase Agreement)
pursuant to Section 2.2 of the Alternative Transaction 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 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; provided, however, that if GECC consents to the sale of the Equity
Interests in the SIGC Project Company pursuant to Section 2.1 of the Alternative
Purchase Agreement, such Liens, Claims and encumbrances shall be limited solely
to those in respect of the SIGC Project Company.
"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.
"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
Alternative Transaction 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 Alternative
Transaction Purchase Agreement, 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
Alternative Transaction 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" has the meaning ascribed to such term in the Alternative
Transaction Purchase Agreement.
"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 Alternative
Transaction 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 from Covanta 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 Alternative Transaction 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; provided, further, if GECC
consents to the sale of the Equity Interests in SIGC Project Company pursuant to
Section 2.1 of the Alternative Transaction Purchase Agreement, the holder of
Allowed Subclass 2H-A Claims shall release any and all Liens, Claims and
encumbrances in the Equity Interests and assets of SIGC One Sub, SIGC Two Sub,
Amor and any other Debtors (other than SIGC Project Company).
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 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. Class 14 Equity Interests, upon the Effective Date,
shall continue to be held by one or more of the Reorganized Heber Debtors or
Debtor Sellers, as the case may be, with such Equity Interests held by the
Debtor Sellers to be transferred by the Debtor Sellers to the Buyers at the
Closing pursuant to the terms of the Alternative Transaction Purchase Agreement.
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 and the Alternative Transaction Purchase
Agreeement are incorporated herein and shall be deemed to constitute part of
this Heber Reorganization Plan for all purposes. The following description of
the Geothermal Sale and summary of the Alternative Transaction Purchase
Agreement is qualified in its entirety by the terms thereof.
(a) The Alternative Transaction Purchase Agreement provides for a
base Purchase Price of $214,000,000, which amount is subject to adjustment as
provided in the Alternative Transaction Purchase Agreement.
(b) The Alternative Transaction 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. Subject to the
terms of the Confirmation Order and conditions of Section 2.1 of the Alternative
Transaction Purchase Agreement, if the Buyers obtain the consent of and release
from GECC, the Buyers may directly acquire the Equity Interests in the SIGC
Project Company rather than the Equity Interests in SIGC One Sub and SIGC Two
Sub.
(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 Alternative Transaction Purchase Agreement and (ii)
assumption and/or assignment by the respective Heber Debtors and other Debtors
of the contracts set forth in Schedules 3.3(a), 3.3(b) and 3.3(c) to the
Alternative Transaction Purchase Agreement and Exhibits B, C and D hereto,
including the O&M Contracts, by the relevant Debtors to the 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) Among other things, at the Closing, the following events shall
occur:
(i) Except as provided for in Section 2.1 of the Alternative
Transaction Purchase Agreement, 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 Buyers as provided in
the Alternative Transaction Purchase Agreement, which Equity Interests shall
continue to be evidenced by the existing Equity 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 Equity
Interests;
(iii) Buyers shall deliver to the Sellers an amount that,
together with the 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 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 Buyers. The Debtor Operators will assign their previously
assumed O&M Contracts to the 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 Alternative Transaction Purchase Agreement.
Furthermore, Amor and SIGC Project Company shall be authorized to, and shall
reinstate, their respective Equity Interests. To the extent Buyers directly
acquire the Equity Interests in the SIGC Project Company rather than the Equity
Interests in SIGC One Sub and SIGC Two Sub in accordance with Section 2.1 of the
Alternative Transaction Purchase Agreement, SIGC Two Sub and Amor shall be
authorized to sell, convey, assign, transfer and deliver their respective Equity
Interests in the SIGC Project Company without the need for further corporate
action, and in accordance with the Alternative Transaction Purchase Agreement.
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 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 [Intentionally Omitted.]
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 Alternative
Transaction 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 Equity Interests in
such entities without further corporate action, in accordance with the terms of
the Alternative Transaction 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 Covanta 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. 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, 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; provided, however, that to
the extent the Buyers directly acquire the Equity Interests in the SIGC Project
Company rather than the Equity Interests in SIGC One Sub and SIGC Two Sub in
accordance with Section 2.1 of the Alternative Transaction Purchase Agreement,
any Heber Debtor Contracts to which a Holding Company is a party will be assumed
by the relevant Heber Debtor and assigned to the SIGC Project Company. Any
affiliate of a Heber Debtor that is a party to a Heber Debtor Contract shall
assume such Heber Debtor Contract and 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 or 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, with the consent of
Buyers, Exhibits B or 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 Buyer pursuant the terms of the
Alternative Transaction Purchase Agreement.
9.2 Additional Contracts. Certain of the Debtor Sellers, certain of the
Debtor Operators, and certain other Debtors 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 by the relevant Debtors and assigned to the applicable Buyer pursuant
to the terms of the Alternative Transaction Purchase Agreement. 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 or 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, with the consent of Buyers, Exhibits D
or 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: 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 or
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 Debtors listed on Exhibits B, C, D and E
hereto shall be assumed by the relevant 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, if any, 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. Upon agreement by the parties to the
Alternative Transaction Purchase Agreement and without prejudice to Buyers
rights under the Alternative Transaction 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 shall be
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, the Geothermal Sale and the Alternative Transaction
Purchase Agreement.
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
Alternative Transaction Purchase Agreement;
(b) All conditions precedent to the Closing of the Geothermal Sale
pursuant to the Alternative Transaction Purchase Agreement, 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, the Geothermal Sale
and the Alternative Transaction Purchase Agreement 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, with the consent of the Buyers, 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
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 (except with
respect to Debtors' obligations under the Alternative Transaction Purchase
Agreeement) , (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 Buyers' rights under the Alternative Transaction
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 Alternative Transaction Purchase Agreement in
accordance with its terms or the Alternative Transaction 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 Buyers' rights under the Alternative Transaction 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 and without prejudice to
Buyers' rights under the Alternative Transaction Purchase Agreeement, amend or
modify this Heber Reorganization Plan or the Alternative Transaction 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 Alternative Transaction Purchase Agreement (without
prejudice to the Buyers' rights under the Alternative Transaction 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: James L. Bromley, Esq.
Covanta Energy Corporation
c/o JENNER & BLOCK, LLC
One IBM Plaza
Chicago, Illinois 60611-7603
Attn: Vincent E. Lazar, Esq.
Ormat Nevada, Inc.
c/o Weil, Gotshal & Manges
767 Fifth Avenue
New York, NY 10154
Attn: Philip Rosen, Esq.
Ormat Nevada, Inc.
980 Greg Street
Sparks, NE 89431
Attn: Rany Raviv
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: November 21, 2003
AMOR 14 CORPORATION
By: /s/ Anthony Orlando
-----------------------------------
COVANTA SIGC ENERGY, INC.
By: /s/ Anthony Orlando
-----------------------------------
COVANTA SIGC ENERGY II, INC.
By: /s/ Anthony Orlando
-----------------------------------
HEBER FIELD COMPANY
By: /s/ Anthony Orlando
-----------------------------------
HEBER GEOTHERMAL COMPANY
By: /s/ Anthony Orlando
-----------------------------------
SECOND IMPERIAL GEOTHERMAL COMPANY, L.P.
By: /s/ Anthony Orlando
-----------------------------------
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
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
Covanta Counterparty Name and Address Type of Contract Cure Amount
Party
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Southern California Edison Company Power Purchase Contract dated 4/16/1985, as 0
Post Office Box 800 amended (Amendment No. 1: 10/23/1987;
Rosemead, CA 91770 Amendment No. 2: 7/27/1990; Amendment No. 3:
11/24/1992)
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** U.S. Trust Company of California, Lease Agreement, dated as of September 1, 1993. $520,200.00
N.A. Debtor is the lessee.
114 West 47th Street
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** U.S. Trust Company of California, First Amended and Restated Escrow Agreement, $4,512.50
N.A. dated as of September 1, 1993, as amended.
114 West 47th Street Morgan Guaranty is appointed escrow agent.
New York, NY 10036 Debtor and General Electric Corporation agreed
to several adjustments in Letter Agreement dated
Aircraft Services Corporation September 8, 1997, as amended.
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
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Walter J. Holtz Surface Rental Payments and Property Damages, 0
Mrs. Toni F. Holtz date as of November 4, 1993. Debtor agrees to
102 Ralph Road make payments during the lease, dated March 14,
Imperial, CA 92251 1986.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Walter J. Holtz Certificate of Walter J. and Toni F. Holtz, 0
Mrs. Toni F. Holtz dated August 25, 1993.
102 Ralph Road
Imperial, CA 92251
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Ms. Carol Love Surface Rental Payments and Property Damages, 0
2410 Gum Tree Lane date as of November 4, 1993. Debtor agrees to
Fallbrook, CA 92028 make payments during the lease, dated March 14,
1986.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Ms. Carol Love Certificate of Carol Beyschlag Love, as Trustee 0
2410 Gum Tree Lane under Beyschlag Real Property Trust, dated
Fallbrook, CA 92028 August 23, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Larry D. Smith Surface Rental Payments and Property Damages, 0
Mrs. Marcella Smith date as of November 4, 1993. Debtor agrees to
29882 Platanus Dr. make payments during the lease, dated March 14,
Escondido, CA 92026 1986.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Larry D. Smith Certificate of Larry D. and Marcella Smith, 0
Mrs. Marcella Smith dated August 25, 1993.
29882 Platanus Dr.
Escondido, CA 92026
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Matthew J. LaBrucherie Surface Rental Payments and Property Damages, 0
499 W. McCabe Road date as of November 4, 1993. Debtor agrees to
El Centro, CA 92243 make payments during the lease, dated March 14,
1986.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Andrew L. Holtz, Executor for Surface Rental Payments and Property Damages, 0
the estate of Joseph L. Holtz date as of November 4, 1993. Debtor agrees to
34302 Starboard Lantern make payments during the lease, dated March 14,
Dana Point, CA 92629 1986.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Andrew L. Holtz, Executor for Certificate of Andrew L. Holtz, as Executor of 0
the estate of Joseph L. Holtz the Estate of Joseph L. Holtz, dated August 13,
34302 Starboard Lantern 1993.
Dana Point, CA 92629
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Rowan Sokolowski Certificate of Clairemont Mesa Masonic Lodge No. 0
2076 Emerald Street 799 and of Rowan Sokolowski, individually and as
San Diego, CA 92109 successor-trustee under the Will of Helen S.
Fugate, deceased, dated August 6, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Walter J. Holtz Letter Agreement re: Surface Rental Payments 0
Mrs. Toni F. Holtz and Property Damages by and between SIGC and
102 Ralph Road Walter J. Holtz and Toni F. Holtz, dated
Imperial, CA 92251 November 4, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Ms. Carol Love Letter Agreement re: Surface Rental Payments 0
2410 Gum Tree Lane and Property Damages by and between SIGC and
Fallbrook, CA 92028 Carol Love, dated November 4, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Larry D. Smith Letter Agreement re: Surface Rental Payments 0
Mrs. Marcella Smith and Property Damages by and between SIGC and
29882 Platanus Dr. Larry D. Smith and Marcella Smith, dated
Escondido, CA 92026 November 4, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Matthew J. LaBrucherie Letter Agreement re: Surface Rental Payments 0
499 W. McCabe Road and Property Damages by and between SIGC and
El Centro, CA 92243 Matthew J. LaBrucherie, dated November 4, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Timothy J. LaBrucherie Letter Agreement re: Surface Rental Payments 0
P.O. Box 1420 and Property Damages by and between SIGC and
El Centro, CA 92244 Timothy J. LaBrucherie and Mary K. LaBrucherie,
dated November 4, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Mr. Andrew L. Holtz, Executor for Letter Agreement re: Surface Rental Payments 0
the estate of Joseph L. Holtz and Property Damages by and between SIGC and
34302 Starboard Lantern Andrew L. Holtz, Executor for the Estate of
Dana Point, CA 92629 Joseph L. Holtz, dated November 4, 1993.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** General Electric Corporation Letter Agreement relating to SIGC Lease Reserve 0
120 Long Ridge Road Account dated as of September 8, 1997, as
Stamford, CT 06927 amended.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Imperial Irrigation District Plant Connection Agreement for the SIGC Power $255,316.30
c/o General Manager Plant, dated October 27, 1992. The agreement
P.O. Box 937 provides for the interconnection of the Imperial
Imperial, CA 92251 Irrigation District electrical system and Second
Imperial Geothermal Company Power Plant.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Imperial Irrigation District Transmission Services Agreement for Alternative $144,656
c/o General Manager Resources, dated October 27, 1992. Debtor is
P.O. Box 937 obligated to sell transmission service of power
Imperial, CA 92251 from the Second Imperial Geothermal Company
Power Plant to Imperial Irrigation District.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Imperial Irrigation District Water Supply Agreement, dated October 27, 1992. $46,903
c/o General Manager Imperial Irrigation agrees to make water
P.O. Box 937 available to Debtor.
Imperial, CA 92251
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** General Electric Capital Corporation Construction Loan Agreement (between SIGC and 0
120 Long Ridge Road GECC), dated November 24, 1992.
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** US Trust Company of California, N.A. Escrow Agreement (among SIGC, US Trust, ASC, 0
114 West 47th Street GECC, and Morgan Guaranty Trust Company of New
New York, NY 10036 York), dated November 24, 1992.
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, 0
4050 Calle Real Security Agreement and Fixture Filing (among
Santa Barbara, CA 93110 SIGC, Chicago Title Insurance Company, and
GECC), dated November 17, 1992.
General Electric Capital Corporation
1600 Summer Street
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Marubeni Corporation Services Agreement (between SIGC and Marubeni 0
Corporation), dated November 24, 1992.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** TIC-The Industrial Company Geothermal Power Project Turnkey Engineering, 0
PO Box 774848 Procurement and Construction Contract (between
Steamboat Springs, CO 80477 SIGC and TIC-The Industrial Company), dated
Attn: Vice President/General Counsel November 25, 1992.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** US Trust Company Contractor Consent to Assignment of Construction 0
114 West 47th Street Contract (between SIGC, US Trust Company,
New York, NY 10036 TIC-The Industrial Company, Aircraft Services
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 0
C/O General Manager District, SICG, Aircraft, GEEC and US Trust
PO Box 937 Company of California, N.A.), November 24, 1992.
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 0
C/O General Manager Participants, US Trust Company of California),
PO Box 937 dated November 25, 1992.
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 0
PO Box 800 California Edison Company and SIGC), dated April
Rosemead, CA 91770 16, 1985, as amended (Amendment No. 1:
10/23/1987; Amendment No. 2: 7/27/1990;
Amendment No. 3: 11/24/1992)
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Southern California Edison Company Agreement Addressing Renewable Energy Pricing 0
PO Box 800 and Payment Issues (between SIGC LP and Southern
Rosemead, CA 91770 California Edison Company), dated June 19, 2001
(and as amended)
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Southern California Edison Company Consent to Assignment (among Southern California 0
PO Box 800 Edison Company and the Parties: SIGC LP,
Rosemead, CA 91770 Aircraft, GECC, US Trust), dated November 24,
Attn: Secretary 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** General Electric Capital Corporation Undertaking With Respect To Real Estate 0
1600 Summer Street Post-Closing Matters (between SIGC LP and GEEC),
Stamford, CT 06927 dated November 24, 1992.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** US Trust Company of California, N.A. Letter Agreement - SIGC Lease Agreement dated 0
114 West 47th Street September 1, 1993 (between SIGC and GECC), dated
New York, NY 10036 March 7, 2001.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** US Trust Company of California, N.A. Grant Deed (by SIGC in favor of US Trust), dated 0
114 West 47th Street September 1, 1993.
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** US Trust Company of California, N.A. Geothermal Assignment (between SIGC LP and US 0
114 West 47th Street Trust), dated September 1, 1993.
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** US Trust Company of California, N.A. Memorandum of Lease Agreement (between SIGC and 0
114 West 47th Street US Trust), dated September 1, 1993.
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Matthew J. LaBrucherie Consent Agreement (LaBrucherie, acknowledged and 0
499 W. McCabe Road agreed to by SIGC, ASC, US Trust, GECC), dated
El Centro, CA 92243 August 24, 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** Chrisman B. Jackson First Amendment to Consent Agreement (by 0
P.O. Box 2736 Chrisman B. Jackson as Lessor, and acknowledged
El Centro, CA 92243 by SIGC, ASC, US Trust, and GECC), dated August
24, 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, 0
499 W. McCabe Road Owner, Timothy J. LaBrucherie and Mary K.
El Centro, CA 92243 LaBrucherie, Lessor, The Hubbard Company, and
acknowledged and agreed to by SIGC, ASC, US
Timothy J. LaBrucherie Trust, GECC), dated August 24, 1993.
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 0
P.O. Box 1420 Mary K. LaBrucherie, as Owner, and acknowledged
El Centro, CA 92244 and agreed to by SIGC, ASC, US Trust, GECC),
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, N.A. Assignment of Certain Facility Contracts (by 0
114 West 47th Street SIGC to US Trust), dated September 1, 1993.
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Marubeni American Corporation and Agreement Among Marubeni American Corporation, 0
Marubeni Corporation Marubeni Corporation, ERC Environmental and
650 California Street Energy Services Co., Inc., Centennial Energy,
San Francisco, CA 94108 Inc., and SIGC relating to Second Imperial
Continental, Inc., dated 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 0
P.O. Box 5049 Resources Co.), dated August 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, 0
4000 Kruse Way Place Amor 14P Corporation, OESI Power Corporation,
Lake Oswego, OR 97035 Second Imperial Continental, Inc., Centennial
Energy, Inc., Geothermal, Inc., ERC
Amor 14P Corporation International, Inc.), dated November 24, 1992.
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 0
650 California Street Corporation, Marubeni Corporation, Centennial
San Francisco, CA 94108 Energy, Inc., Ogden Environmental and Energy
Services Co., Inc., Second Imperial Continental,
Marubeni Corporation Inc., Amor 14 Corporation, SIGC GP and SIGC LP),
Centennial Energy, Inc. dated November 24, 1992.
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 0
650 California Street Marubeni America Corporation, Marubeni
San Francisco, CA 94108 Corporation, DRAVO Constructors, Inc., GECC, US
Trust Company of California, N.A., Aircraft
Marubeni Corporation Services Corporation, Second Imperial
450 Lexington Avenue Continental, Inc., Amor 14 Corporation, and SIGC
New York, NY 10017 LP), dated November 24, 1992.
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 0
Building One, Suite 255 Company, SIGC Partnership, Aircraft Services
4000 Kruse Way Place Corporation, GECC, and US Trust Company of
Lake Oswego, OR 97035 California, N.A.), 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, N.A.
114 West 47th Street
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** OESI Construction Company Field Development Agreement (between SIGC LP and 0
Building One, Suite 255 OESI Construction Company), dated November 24,
4000 Kruse Way Place 1992.
Lake Oswego, OR 97035
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** OESI Construction Company Consent Agreement (among OESI Construction 0
Building One, Suite 255 Company, SIGC Partnership, Aircraft Services
4000 Kruse Way Place Corporation, GECC, and US Trust Company of
Lake Oswego, OR 97035 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, 0
4029 Ridge Top Road, Suite 200 SIGC Partnership, Aircraft Services Corporation,
Fairfax, VA 22030 GECC, and US Trust Company of 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, 0
4029 Ridge Top Road, Suite 200 SIGC Partnership, Aircraft Services Corporation,
Fairfax, VA 22030 and US Trust Company of California), 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 0
4029 Ridge Top Road, Suite 200 Company as Lessor, US Trust as Field Lessor, and
Fairfax, VA 22030 SIGC LP as Lessee), dated November 17, 1992.
US Trust Company of California
114 West 47th Street
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
SIGC** Heber Field Company** Memorandum of Agreement (among Heber Field 0
4029 Ridge Top Road, Suite 200 Company as Lessor, US Trust as Field Lessor, and
Fairfax, VA 22030 SIGC LP as Lessee), dated November 17, 1992.
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 & 0
Estate of Joseph L. Holtz, Toni F. Black, dated April 8, 1993, approved by Andrew
Holtz and Walter J. Holtz Holtz, as Executor of the Estate of Joseph L.
34302 Starboard Lantern Holtz, Toni F. Holtz and Walter J. Holtz (re:
Dana Point, CA 92243 construction of underground electric cable).
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** Marley Cooling Tower Company Engineering , Procurement and Construction $93,196.31
7401 West 29th Street Agreement between Heber Geothermal Company and
Overland Park, KS 66213 Marley Cooling Tower Company.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** Southern California Edison Company Power Purchase and Sales Agreement, dated August 0
Post Office Box 800 26, 1983, as amended. Debtor is the seller.
Rosemead, CA 91770
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** Southern California Edison Company Agreement Addressing Renewable Energy Pricing 0
Post Office Box 800 and Payment Issues, dated June 15, 2001, as
Rosemead, CA 91770 amended. Debtors rights and obligation as
seller of energy are addressed.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** Imperial Irrigation District Plant Connection Agreement, dated July 31, $14,044.76
P.O. Box 937 1985. Debtor granted to Imperial District the
Imperial, CA 92251 right to enter the plant site for any reasonable
purpose relating to the Plant Connection
Agreement.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** Southern California Edison Company Interconnection Agreement, dated August 12, 0
Post Office Box 800 1985. Edison agrees to engineer, design,
Rosemead, CA 91770 construct, own, operate, and maintain the
interconnection facilities.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** General Electric Capital Corporation HGC Escrow Agreement, dated as of February 11, 0
120 Long Ridge Road 2002.
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, 0
(Covanta took place of US Trust) 1991.
114 West 47th Street
New York, NY 10036
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** Southern California Edison Company Settlement Agreement and Amendment No. 2 to 0
P.O. Box 800 Power Purchase Contract between HGC and Southern
Rosemead, CA 91770 California Edison Company.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** General Electric Capital Corporation Second Amended and Restated Promissory Note, $2,571,934.00
120 Long Ridge Road dated February 11, 2002.
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** General Electric Capital Corporation Deed of Trust, Assignment of Rents, Security 0
120 Long Ridge Road Agreement and Fixture Filing, dated March 31,
Stamford, CT 06927 2001, as amended.
Chicago Title Company (Trustee)
388 Market Street, Suite 300
San Francisco, CA 94111
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** U.S. Trust Company HGC Assumption Agreement, dated December 28, 0
114 West 47th Street 1999. This agreement was superseded by an
New York, NY 10036 Agreement Relating to HGC and HFC dated December
20, 2000 and amended February 11, 2002.
General Electric Capital Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** General Electric Capital Corporation Release by Buyer, dated December 28, 1999. 0
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 Corporation HGC Purchase and Sale Agreement, dated December 0
120 Long Ridge Road 17, 1999. This agreement was superseded by an
Stamford, CT 06927 Agreement Relating to HGC and HFC dated December
20, 2000, and amended February 11, 2002.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** General Electric Capital Corporation Agreement Relating to HGC and HFC, dated 0
120 Long Ridge Road December 20, 2000, as amended February 11,
Stamford, CT 06927 2002. This agreement supersedes the HGC
Purchase and Sale Agreement, dated December 17,
Covanta Energy Corporation* 1999. This agreement is also scheduled below as
4029 Ridge Top Road, Suite 200 an agreement of HFC.
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 0
4029 Ridge Top Road, Suite 200, Agreement, dated June 1, 1999.
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 0
114 West 47th Street Exhibit A thereto, by USTCC to HFC, dated
New York, NY 10036 December 27, 1999.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HGC** US Trust Company of California Assignment of Leases, 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 Unit Agreement, and Exhibit A 0
114 West 47th Street thereto, by USTCC to HFC, dated December 27,
New York, NY 10036 1999.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HFC** General Electric Capital Corporation HFC Escrow Agreement, dated February 11, 2002. 0
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 $20,210.73
P.O. Box 937 (Power Purchase).
Imperial, CA 92251
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HFC** General Electric Capital Corporation Amended and Restated Promissory Note, dated 0
120 Long Ridge Road December 20, 2000.
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HFC** General Electric Capital Corporation Deed of Trust, Assignment of Rents, Security 0
120 Long Ridge Road Agreement and Fixture Filing, dated March 31,
Stamford, CT 06927 2001, as amended.
Chicago Title Company (Trustee)
388 Market Street, Suite 300
San Francisco, CA 94111
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HFC** General Electric Capital Corporation Second Amended and Restated Promissory Note, 0
120 Long Ridge Road dated February 11, 2002.
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HFC** US Trust Company of California HFC Assumption Agreement, dated December 28, 0
114 West 47th Street 1999.
New York, NY 10036
General Electric Capital Corporation
120 Long Ridge Road
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HFC** General Electric Capital Corporation Release by Buyer, dated December 28, 1999. 0
120 Long Ridge Road
Stamford, CT 06927
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
HFC** General Electric Capital Corporation HFC Purchase and Sale Agreement, dated December
120 Long Ridge Road 17, 1999. This agreement was superseded by an
Stamford, CT 06927 Agreement Relating to HGC and HFC dated December
20, 2000, and amended February 11, 2002.
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Heber Geothermal Company** Agreement Relating to HGC and HFC, dated December 0
4029 Ridge Top Road 20, 2000, as amended February 11, 2002. This
Suite 200 agreement supersedes the HGC Purchase and Sale
Fairfax, VA 22030 Agreement, dated December 17, 1999. This
agreement is also scheduled above as an agreement
General Electric Capital Corporation of HGC.
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 & 0
4029 Ridge Top Road, Suite 200 Release Agreement, 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, 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 0
114 West 47th Street Electric Company, USTCC and HFC, dated December
New York, NY 10036 18, 1991.
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 0
114 West 47th Street thereto, between San Diego Gas and Electric
New York, NY 10036 Company, USTCC and HFC, dated December 18, 1991.
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 $88,701.52(2)
8306 Century Park Ct. Electric and Union Oil Company of California,
San Diego, CA 92123-1593 dated April 21, 1989.
Union Oil Company of California
135 Main Street
Brawley CA 92227
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit 0
California between E. and G. Corda and Chevron Geothermal
6001 Bollinger Canyon Road Company of California, dated November 22, 1991.
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 0
California between T. and L. Terribilini and Chevron
6001 Bollinger Canyon Road Geothermal Company of California, dated November
San Ramon, CA 94583 22, 1991.
T. and L. Terribilini
245 East Dealwood Road
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Amendment and Assignment of Permit 0
California between W, and E. Ferguson and Chevron Geothermal
6001 Bollinger Canyon Road Company of California, dated November 22, 1991.
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 0
California between E. Conn and Chevron Geothermal Company of
6001 Bollinger Canyon Road California, dated November 23 , 1991.
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 0
California between P. McNeese and F. Orraj and Chevron
6001 Bollinger Canyon Road Geothermal Company of California, dated November
San Ramon, CA 94583 23, 1991.
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 0
California between H. Johnson and Chevron Geothermal Company
6001 Bollinger Canyon Road of California, dated November 25, 1991.
San Ramon, CA 94583
H. Johnson
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between El Toro 0
California Land and Cattle Company and Chevron Geothermal
6001 Bollinger Canyon Road Company of California, dated December 17, 1991.
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. 0
California LaBrucherie and Chevron Geothermal Company of
6001 Bollinger Canyon Road California, each dated December 17, 1991.
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 0
California Family Trust and Chevron Geothermal Company of
6001 Bollinger Canyon Road California, dated December 19, 1991.
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 0
California Pacific Transportation Company and Chevron
6001 Bollinger Canyon Road Geothermal Company of California, dated December
San Ramon, CA 94583 19, 1991.
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 0
California Partnership and Chevron Geothermal Company of
6001 Bollinger Canyon Road California, dated December 21, 1991.
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 0
California Scaroni Estate, and Chevron Geothermal Company of
6001 Bollinger Canyon Road California, dated December 21, 1991.
San Ramon, CA 94583
Scaroni Estate
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Consent to Assignment of Lease between Scaroni 0
California Properties and Chevron Geothermal Company of
6001 Bollinger Canyon Road California, dated December 21, 1991.
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 0
6001 Bollinger Canyon Road Company of California, Chevron U.S.A. Inc., and
San Ramon, CA 94583 New Albion Resources Company, dated June 16, 1978
(assigned to HFC by an Assignment of Unit
Union Oil Company of California Agreement, dated December 27, 1999).
135 Main Street
Brawley, CA 92227
New Albion Resources Company
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** Chevron Geothermal Company of Unit Operating Agreement, between Union Oil 0
California Company of California and Chevron Geothermal
6001 Bollinger Canyon Road Company of California, dated July 1, 1984
San Ramon, CA 94583 (assigned to HFC by an Assignment of Unit
Operating Agreement, dated December 26, 1991).
Union Oil Company of California
135 Main Street
Brawley CA 92227
- ------------------------------------------------------------------------------------------------------------------------------------
HFC** General Electric Capital Corporation HFC Bill of Sale and Assignment among USTCC and 0
120 Long Ridge Road GECC in favor of HFC, dated December 28, 1999.
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 0
4029 Ridge Top Road, Suite 200 Agreement 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, 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 0
4029 Ridge Top Road, Suite 200 Geothermal Company, a California Limited
Fairfax, VA 22030 Partnership, dated November 24, 1992.
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
AMOR** Marubeni America Corporation Subordination and Intercreditor Agreement dated 0
650 California Street November 24, 1992.
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 Company** Participation Agreement, dated as of November 0
4029 Ridge Top Road, Suite 200 24, 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
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, 0
One Oliver Plaza, Pittsburgh, PA dated November 15, 1992.
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 0
SIGC Energy 343 Second Street, Suite N Energy II., Inc., as Buyer, and SICI, as Seller,
II** Los Altos, CA 94022 and Ogden 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
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
Covanta Amor 14 Corporation** Stock Purchase Agreement, dated December 30, 0
SIGC Energy 4029 Ridge Top Road, Suite 200 1994.
II** Fairfax, VA 22030
OESI Power Corporation
4029 Ridge Top Road, Suite 200
Fairfax, VA 22030
- ------------- -------------------------------------- -------------------------------------------------- ----------------------------
- --------
* This entity will assume and assign this agreement.
** This entity will assume but not assign this agreement.
(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.
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 Lease Tract
Number(s) Number(s)
- ------------------------------------------------------------------------------------------------------------------------------------
HFC B & M Abatti, Trustees Royalty Lease $3,581.01 227960 6
Abatti Family Trust 282510 7
P.O. Box 466 701730 15
El Centro, CA 92244
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Acosta Royalty Lease $23.35 282480 255
Lilia Acosta
P.O. Box 978
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Reynaldo L. Alvarez Royalty Lease $23.83 263300 248
718 Giles Ave. C
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Cynthia Holtz Arredondo Royalty Lease $613.30 286790 62
644 Cabernet Street 286780 64
Los Banos, CA 93635 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Refugio Avilez, Jr. Royalty Lease $19.45 282010 28
Gloria Avilez
P.O. Box 281
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Bank Of America Royalty Lease/Surface Rental $1,648.98 273230 8
L.F. Hulse Acct. # 08-5-07775-0 Surface-273231
P.O. Box 840738
Dallas, TX 75284-0738
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Emery Cecil Bell Royalty Lease $15.56 281770 181
Monte Rae Bell
1135 So. 19th Street
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Bernadettte A. Bellah Royalty Lease $613.30 286790 62
13121 Buckingham Circle 286780 64
Westminister, CA 92683 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Julia E. Boxley Royalty Lease $613.30 286790 62
12132 Country Lane 286780 64
Santa Ana, CA 92705 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Fitzhugh L. Brewer Royalty Lease $5,543.86 701760 66
2511 Heritage Way
Medford, OR 97504
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jean C. Browning, Trustee Royalty Lease $2,840.01 602051 13
D.A. Gisler Trust
2415 Country Club Drive
Glendora, CA 91741
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jean C. Browning Royalty Lease $2,840.01 602051 13
2415 Country Club Drive
Glendora, CA 91741
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Aurelio Castillo Royalty Lease $50.54 709970 282
901 Encinas
Gebiveva R. Castillo
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Catherine Croisette Royalty Lease $613.30 286790 62
31061 Paseo Valencia 286780 64
San Juan Capistrano, CA 92675 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
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 286790 62
5938 Oakhill Drive 286780 64
Santa Maria, CA 93455 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Marian Lee Dobbelare Royalty Lease $3,190.20 211480 70
233 Remington Loop
Danville, CA 94526
- ------------------------------------------------------------------------------------------------------------------------------------
HFC El Toro Land & Cattle Co. Royalty Lease/Surface Rental $6,695.03 701700 36
P.O. Box G 286130 59
Heber, CA 92249 275960 247
Surface-275961
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Suzanne Enis Royalty Lease/Surface Rental $6,408.14 701870 4
23642 Tampico Bay 701720 16
Dana Point, CA 92629 701880 52
701690 58
Surface-226641
Surface-701691
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria H. Felix Royalty Lease $11.66 282300 148
P. O. Box 878
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose A. Garcia Royalty Lease $23.35 282310 157
Hermelinda Garcia
1073 Heber Ave.
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Luis F. Garcia Royalty Lease $23.35 282880 146
Diahna R. Garcia
P.O. Box 43
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Diahna Ruiz Garcia Royalty Lease $70.00 282240 151
P. O. Box 43 282830 167
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Marie L. Gisler Land Trust Royalty Lease $1,151.17 270120 9
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 270120 9
In Care Of James J. Fuchs, Cpa
1520 Nutmeg Place, Suite 105
Costa Mesa, CA 92626
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Harold Leroy Goff Royalty Lease $35.01 282520 44
Bulah Mae Goff
P.O. Box 155
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rafael C. Gonzales Royalty Lease $153.62 263420 35
1057 Pitzer Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC M.S.Rice Charitable Remainder Trust Royalty Lease $140.01 262760 98
Dean W. Reynolds, Inc.
1225 Prospect Street
La Jolla, CA 92037
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Donna B. Hawk Royalty Lease $5,543.86 701760 66
Russell J. Hawk
391 Golf View Drive
Medford, OR 97504
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Heber Public Utility District Royalty Lease $847.98 701730 15
P.O. Box H 630670 203
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Mark Walter Hebert Royalty Lease $613.30 286790 62
780 Hamilton Street Apt. #22 286780 64
Costa Mesa, CA 92627 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Paul Martin Hebert Royalty Lease $613.30 286790 62
241 Walnut Street 286780 64
Costa Mesa, CA 92627 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC J. C. Hill Trustee Royalty Lease $2,840.01 602051 13
D. A. Gisler Trust
2317 N. Heliotrope Drive
Santa Ana, CA 92706
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Joan C. Hill Royalty Lease $2,840.01 602051 13
2317 N. Heliotrope Drive
Santa Ana, CA 92706
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Andrew L. Holtz, Jr. Royalty Lease $613.30 286790 62
P.O. Box 725 286780 64
San Juan Capistrano, CA 92693 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Brian Edward Holtz Royalty Lease $613.30 286790 62
588 Camino De La Aldea 286780 64
Santa Barbara, CA 93111 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Charles Alban Holtz Royalty Lease $613.30 286790 62
661 Foothill Drive 286780 64
Ontario, OR 97914-8333 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Dennis Lee Holtz Royalty Lease $613.30 286790 62
757 N. Rancho Santiago 286780 64
Orange, CA 92869 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Edward Joseph Holtz Royalty Lease $613.30 286790 62
9370 Circle R Drive 286780 64
Escondido, CA 92026 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Joseph Anthony Holtz Royalty Lease $613.30 286790 62
1102 Via Conejo 286780 64
Escondido, CA 92029 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Stephen Holtz Royalty Lease $3,416.16 286790 62
104 E. Jasper Road 286780 64
Heber, CA 92249 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Walter Holtz Royalty Lease/Surface Rental $28,395.67 286790 62
Toni F. Holtz 286780 64
102 Ralph Road 701680 76
Imperial, CA 92251 292050&701920 244
Surface-292051
Surface-292052
Surface-292053
Surface-292054
Surface-286791
- ------------------------------------------------------------------------------------------------------------------------------------
HFC C. E.,S.R. & L.W. Horton 1970 Trust Royalty Lease $8,478.15 226460 71
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 276220 252
P. O. Box 3917
Salinas, CA 93912
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Hubbard Prop Ltd. Partnership Royalty Lease $1,709.27 276220 252
P. O. Box 2962
Sun Valley, ID 83353
- ------------------------------------------------------------------------------------------------------------------------------------
HFC John D. Jackson, Jr. Royalty Lease $7,813.18 227860 3
11558 Rolling Hills Drive 226500 10
El Cajon, CA 92020 226520 11
226680 53
227770 251
- ------------------------------------------------------------------------------------------------------------------------------------
HFC M. A. & C. B. Jackson Trust Royalty Lease/Surface Rental $18,200.88 276210 1
Chrisman B. Jackson Trustee 263100 2
P.O. Box 2736 227860 3
El Centro, CA 92243 226500 10
226520 11
226680 53
264670&270830 54
226640 55
Surface-226501
Surface-226521
Surface-226681
Surface-226682
Surface-702060
Surface-702061
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Edward Johnson Royalty Lease/Surface Rental $1,316.63 701720 16
P. O. Box G 701690 58
Heber, CA 92249 Surface-701691
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Mary Johnson Testamentary Trust Royalty Lease/Surface Rental $1,316.63 701720 16
P. O. Box G 701690 58
Heber, CA 92249 Surface-701691
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Janet W. Kelly Royalty Lease $89.50 275960 247
9469 Plantation Way Lane
Germantown, TN 38139-5605
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Kennedy's Market, Inc. Royalty Lease $38.88 709950 279
P. O. Box 429
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Elizabeth G. Kircher, Royalty Lease $2,031.45 262780 107
3024 E. Villa Rita
Phoenix, AZ 85032
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Christine Marie Knirk Royalty Lease $613.30 286790 62
200 Inssbrook Lane 286780 64
Burnsville, MN 55306 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC James K. Kurupas Royalty Lease $1,055.88 226580 14
Olivia Z. Kurupas
3310 Ranch Miguel Road
Jamul, CA 92035
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Tom G. Kurupas Royalty Lease/Surface Rental $1,055.88 226580 14
Eleanor B. Kurupas Surface-226581
1004 Clark Road Surface-226582
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC MAT, LLC Royalty Lease/Surface Rental $16,663.61 701870 4
P.O. Box 1420 701720 16
El Centro, CA 92244 701880 52
701690 58
276220 252
Surface-276221
Surface-701691
Surface-703000
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Marie H. Labrucherie Royalty Lease $3,177.36 227920 5
For Labrucherie Family Trust
P.O. Box 1150
Pine Valley, CA 91962
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Beyschlag Real Property Trust Royalty Lease $22,579.93 211460 57
Carol Beyschlag Love, Trustee 211420 69
P.O. Box 675528
Rancho Santa Fe, CA 92067-5528
- ------------------------------------------------------------------------------------------------------------------------------------
HFC C. B. & R. R. Love Royalty Lease/Surface Rental $19,103.08 211400 78
RR Love Trustees Trust 8-21-79 211440 79
P.O. Box 675528 Surface-211442
Rancho Santa Fe, CA 92067-5528
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Marie Murdy Maltz Royalty Lease $1,117.33 701660 67
3753 Glacier Park Way
Elk Grove, CA 95758
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Francisco L. Marquez Royalty Lease $27.23 281280 212
Alicia G. Marquez
P.O. Box 374
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Estate Of Jean B. Davis Royalty Lease $3,190.59 211480 70
2231 Bent Tree Lane
Mendota Hts., MN 55120
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Catherine Ann Murdy, Trustee Royalty Lease $1,117.72 701660 67
C.A. Murdy Living Trst-111798
6362 Colgate Avenue
Los Angeles, CA 90048
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Susan Murdy Royalty Lease $1,117.33 701660 67
2241 Sacramento Street, Apt. #3
San Francisco, CA 94115
- ------------------------------------------------------------------------------------------------------------------------------------
HFC New Jerusalem Ministry Royalty Lease $60.24 263340 99
P.O. Box 911 740010 281
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Barbara Diana Oldham Royalty Lease $613.30 286790 62
2389 330th Street 286780 64
Eddyville, IA52553-9714 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Margie E. Parks Royalty Lease $229.45 263050 249
745 Cerro Bonito Drive
San Marcos, CA 92069
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Daniel Ramirez Royalty Lease $23.35 281160 39
Elva Ramirez
P.O. Box B
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Billy D. Ramsay Royalty Lease $46.69 282130 173
Georgia M. Ramsay
70 Crutchfield Lane
Paris, TN 38242-8576
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Josephine Reed Royalty Lease $11.66 282490 144
P. O. Box 492
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Barbara M. Rood Royalty Lease $326.66 701850 86
1112 East Jasper Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Carol A. Saikhon Royalty Lease $2,771.95 701760 66
1203 Delesto Drive
Beverly Hills, CA 90210
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Diane Saikhon Royalty Lease $2,771.95 701760 66
8456 Westway Drive
La Jolla, CA 92037
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jeffrey Saikhon Royalty Lease $2,771.95 701760 66
9031 Ashcroft Avenue
Los Angeles, CA 90048
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Saikhon Family Trust Surface Rental 0 701761
8526 El Paseo Grande
La Jolla, CA 92037
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Nancy M. Saikhon Royalty Lease $2,771.95 701760 66
8564 El Paseo Grande
La Jolla, CA 92037
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Francisco M. Salazar Royalty Lease $46.69 263230 37
Emilia G. Salazar
1079 Pitzer Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Sandoval Royalty Lease $7.77 709790 298
P. O. Box 217
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Scaroni Properties, Inc. Royalty Lease/Surface Rental $10,029.92 263030&263120 65
P.O. Box A Surface-263031
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Edward C. Schumm Royalty Lease $14.02 282210 102
P.O. Box 197
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Signal Produce Co. Royalty Lease $101.13 701770 258
P. O. Box 498
El Centro, CA 92244
- ------------------------------------------------------------------------------------------------------------------------------------
HFC William G. Simmons, Jr. Royalty Lease $4,122.43 263560 84
Nikki Smith Simmons
681 Windmill Ranch Road
Olivenhain, CA 92024
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Larry & Marcella Smith Surface Rental 0 264671
29882 Platanus Dr.
Escondido, CA 92026
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rowan Sokolowski Royalty Lease/Surface Rental $4,116.58 226420 61
2076 Emerald Street Surface-226421
San Diego, CA 92109
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Helen S. Fugate Trust Royalty Lease (1) $4,116.58 226420 61
Rowan Sokolowski, Trustee
2076 Emerald Street
San Diego, CA 92109
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Claudine L. Steakley Royalty Lease/Surface Rental $4,663.00 701800 72
795 Mulberry Lane 701780 74
El Centro, CA 92243 Surface-291590
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Infinity X. I. Thomson Royalty Lease/Surface Rental $1,650.92 292040&701910 243
Victor J. Thomson Custodian Adv.
P.O. Box 7 Recoup-292041
Denton, MT 59430
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Quasar Z. Q. Thomson Royalty Lease/Surface Rental $1,650.92 292040&701910 243
Victor J. Thomson Custodian Adv.
P.O. Box 7 Recoup-292041
Denton, MT 59430
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Victor J. Thomson Royalty Lease/Surface Rental $33,178.77 701830 63
Victor J. Thomson Company 292040&701910 243
P.O. Box 7 701820 77
Denton, MT 59430 701880 52
Adv.
Recoup-292041
- ------------------------------------------------------------------------------------------------------------------------------------
HFC W. J. & H.O. Thomson 1978 Trust Royalty Lease $23,536.66 701820 77
W.J. Thomson Trustee
P.O. Box 729
Santa Ynez, CA 93460
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Dorothy Torrence Royalty Lease $1,121.07 263250 51
P.O. Box 254
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Tania Rae Torrence Royalty Lease $270.62 263250 51
P.O. Box 254
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Terry Jay Torrence Royalty Lease $270.62 263250 51
P.O. Box 254
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Sherilee Torrence Von Werlhof Royalty Lease $270.62 263250 51
P.O. Box 254
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Gene Wertheimer Royalty Lease $89.49 275960 247
17801 Hunt Lake Trail
Fairbault, MN 55021
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Pauline Williams Royalty Lease $89.44 701840 87
P.O. Box 752
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Daniel Zavala Royalty Lease $153.62 263420 35
Hermelinda Cuella De Zavala
1057 Pitzer Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Yahaida Linet Zaragoza Royalty Lease $19.45 282260 156
P. O. Box 571
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
II. Counterparties not Accepting Settlement Agreement
- ------------------------------------------------------------------------------------------------------------------------------------
Covanta Party Counterparty Name And Address Type of Contract Cure Amount Lease Tract
Number(s) Number(s)
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Tony Abatti Royalty Lease $344.33 701730 15
Ninfa Abatti 282690 176
745 W. Ross
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jeanne Marie Abrams Royalty Lease $613.30 286790 62
13511 North Shady Slope Road 286780 64
Spokane, WA 99208 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Salvador M. Acevedo Royalty Lease $11.66 281230 170
Eloisa M. Acevedo
2498 Vine Street
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose Alderete Royalty Lease $7.77 281850 186
Consuelo M. Alderete
P.O. Box 168
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose Alderete, Jr. Royalty Lease $7.77 281430 190
P. O. Box 168
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Lorena Alvarado Royalty Lease $15.56 282890 207
P. O. Box 172
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria O. Amarillas Royalty Lease $15.56 281560 199
P. O. Box 185
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Anderson Properties, Llc Royalty Lease $3,329.06 265650&228910 75
5715 Baltimore Drive #4
La Mesa, CA 91942
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Luis Antonio Andrade Royalty Lease $35.01 281130 48
P.O. Box 182
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Genaro P. Arreguin Royalty Lease $11.66 282300 147
2389 Lichens Road
Montague, CA 96064
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Manuel L. Avila Royalty Lease $15.56 282380 206
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 Rolando Beltran Royalty Lease $19.45 281040 226
Rosa Beltran
P.O. Box 284
Heber, CA 92249
(760) 352-6325
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Mary Ann Blazek Royalty Lease $613.30 286790 62
In Care Of Michael Blazek 286780 64
3351 Nevada Avenue 701680 76
Costa Mesa, CA 92626
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ramon Bonesi Royalty Lease $7.77 709730 290
P. O. Box 407
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Alejos Borjon Royalty Lease $151.67 281010 38
Carmen Borjon 281200 40
55 E. 10th Street 262900 100
Heber, CA 92249 282230 174
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Esperanza Borjon Royalty Lease $31.13 281950 24
1041 Pitzer Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Domingo Borjon Royalty Lease $31.13 281970 154
Maria Lourdes & Aurora Borjon
55e. 10th Street
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Dennis D. Bradshaw Royalty Lease $131.00 262780 107
Carroll S. Bradshaw
1704 Sandalwood
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ernesto Brambila Royalty Lease $23.35 282180 20
P.O. Box 5051
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose Briseno Royalty Lease $15.56 281190 215
P. O. Box 305
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Lourdes Burgos Royalty Lease $14.44 280430 101
1212 E. Calle De Oro
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose Camargo Royalty Lease $17.08 263300 248
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 280990 240
Teodora R. Cardenas
P.O. Box 308
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Curtis Corda Conservator Surface Rental 0 291540
Corda Family Trust
1941 Pepper Drive
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Antonio Ceballos Royalty Lease $15.56 281300 45
Lilia Ceballos
P.O. Box 95
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Elvira Celaya Royalty Lease $38.88 709890 311
P. O. Box 128
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ramon Cervantes Royalty Lease $27.23 280900 230
Artemisa Cervantes
P.O. Box 348
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Amparo Chavez Royalty Lease $5.84 281210 42
P. O. Box 161
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan V. Chavez Royalty Lease $51.51 263300 248
P. O. Box 642
Calipatria, CA 92233
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Alice Adrienne Ferrell Compton Royalty Lease/Surface Rental and $7,209.05 291340 73
P.O. Box 1351 Mineral Royalty Recoupment 291380 85
La Mesa, CA 91944 291350
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Josefina M. Conner Royalty Lease $93.33 263070 34
P.O. Box 171
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Enriqueta Contreras Royalty Lease $7.77 281440 132
Terry C. Bauer
P.O. Box 87
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Abraham Cortes (2) Royalty Lease $23.35 281120 46
Yolanda Cortes
P.O. Box 716
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Melchor Cota Royalty Lease $23.71 282450 106
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 281400 137
Anita A. Cruz
867 Stacey
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Eleanor Davis Royalty Lease $456.95 262820 81
P.O. Box 3958
Sparks, NY89432
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ernestina D. De Anda Royalty Lease $15.56 281330 192
J.A., and C.E. De Anda
P.O. Box 131
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Francisco Javier Delgadillo Royalty Lease $15.56 281580 198
Raul Miguel Delgadillo
P.O. Box 186
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Desert Real Estate Investors Royalty Lease $3,348.50 264780 80
In Care Of Patrick Hashem
123 E. First Street
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Genaro Zamora Diaz Royalty Lease $15.56 263300 248
Carmen Diaz
8444 2nd Street
Paramount, CA 90723
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose Diaz Royalty Lease $15.56 281410 111
Maria Diaz
P.O. Box 979
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose N. Diaz Royalty Lease $12.44 281640 177
P.O. Box 357
Lamberta S. Diaz
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Manuel Diaz Royalty Lease $34.61 263300 248
Ofelia Diaz
187 Gill Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Isabel R. Dominguez Royalty Lease $11.66 281290 210
P. O. Box 114
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Lydia I. Dyer Royalty Lease $27.23 282900 241
P.O. Box 114
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Guillermo F. Escareno Royalty Lease 19.45 281670 191
Rachel Escareno
P.O. Box 450
Heber, CA92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Gregoria Lopez Estrada Royalty Lease $3.89 282870 122
735 Orange Avenue
Holtville, CA 92250
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Leopoldo Estrada Royalty Lease $31.13 281080 229
Teresa Estrada
P.O. Box 239
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Pauline Evangelist Royalty Lease/Surface Rental, $2,047.99 291340 73
1571 Aurora Drive Minimum Royalty Recoupment and 291380&291350 85
El Centro, CA 92243 Advance Royalty Recoupment
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Julieta Ann Evans Royalty Lease $89.50 275960 247
P. O. Box 14375
Torrance, CA 90503-8375
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Clarence Fairchild Royalty Lease $38.88 262720 89
Marjorie D. Fairchild
2071 Buckman Spr. Road
Campo, CA 92006
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Joaquin G. Fernandez Royalty Lease $22.77 263300 248
175 E. Main Street
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rosa Fernandez Royalty Lease $11.66 282050 22
P.O. Box 64
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC James Gordon Ferrell Royalty Lease/Surface Rental, $7,209.05 291340 73
1169 Rainbow Avenue Minimum Royalty Recoupment and 291380&291350 85
Calexico, CA 92231 Advance Royalty Recoupment
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Luman Grover Ferrell, Trust Royalty Lease/Surface Rental $5,160.42 291340 73
2251 Sandalwood Drive Minimum Royalty Recoupment and 291380&291350 85
El Centro, CA 92243 Advance Royalty Recoupment
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Gary Flores Royalty Lease $27.23 281810 183
Isabel Flores
P.O. Box 210
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Mildred Flores Royalty Lease $15.56 281800 184
P. O. Box 174
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Richard H. Flowers Royalty Lease $22.77 263300 248
195 East Main Street
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Avery D. Franklin Royalty Lease $27.23 709760 294
Suetta Franklin
2031 Elm Avenue
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Eugene Francis Frazier, Sr. Royalty Lease $11.66 282140 143
Virginia Frazier
P.O. Box 98
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan R. Galindo Royalty Lease $15.56 281050 224
Guadalupe Galindo
P.O. Box 89
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC David Gonzalez Garcia Royalty Lease $58.34 281960 30
Theresa Garcia
P.O. Box 47
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Estela Ponce Garcia Royalty Lease $11.66 282020 202
P. O. Box 490
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Herminio Garcia Royalty Lease $11.66 286470 185
Esperanza M. Garcia
P.O. Box 57
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Gonzalez Garcia Royalty Lease $7.78 282910 112
Acela C. De Gonzalez 282950 113
P.O. Box 334
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rosa Garcia Royalty Lease $3.89 282920 94
P.O. Box 537
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Albert C. Gastelum Royalty Lease $15.56 709740 291
Dolores Gastelum
P.O. Box 338
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC P. & M. Shaefer & D. & R. Gibson Surface Rental 0 211441
P.O. Box 1539
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC J. G. Gilbert Royalty Lease $19.45 281540 201
2305 St. Francis Street
Sulphur, LA 70663
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Kenneth E. Glesne Royalty Lease $23.35 282080 180
Ellaine P. Glesne-Trustees
18616 North 99th Ave., Apt. 1012
Sun City, AZ 85373-1443
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Diana Luisa Godinez Royalty Lease $42.66 263300 248
2141 Parnell Way
Altadena, CA 91001
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ignacio C. Gomez Royalty Lease $15.56 281060 232
Valeria Gomez
P.O. Box 385
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Raul P. Gomez Royalty Lease $27.23 282170 205
Isabel P. Gomez
1925 Hamilton Avenue
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ascencion Gonzalez Royalty Lease $26.45 281640 177
P. O. Box 288
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Raul Gonzalez Royalty Lease $23.35 281950 24
Leticia Moreno Gonzales
688 Sandoval Lane
El Centro, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Louise Marie Green Royalty Lease $613.30 286790 62
534 West Laveta 286780 64
Orange, CA 92868 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Asencion Gutierrez Royalty Lease $3.89 281710 136
Alejandrina De Gutierrez
P.O. Box 138
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Donald Joseph Hebert Royalty Lease $613.30 286790 62
241 Walnut Street 286780 64
Costa Mesa, CA 92627 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Heber School District Royalty Lease $1,497.30 708220 303
1052 Heber Avenue
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria A. Hernandez Royalty Lease $5.84 281210 42
P.O. Box 129
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Refugio Cruz Hernandez Royalty Lease $31.87 263300 248
1856 W. Adams, Space #1
El Centro, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose Merced Herrera Royalty Lease $23.35 282560 49
Juanita G. Herrera
3924 Vista Grande Drive
San Diego, CA 92115-6734
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Oscar S. Hester, Jr. Royalty Lease $15.56 281700 127
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 701730 15
Helen L. Hester 262800 88
P.O. Box 253 281680 139
Heber, CA 92249 281690 155 & 158
273150 246
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Dolores C. Hinds Royalty Lease 0
1068 Calma Drive
Chula Vista, CA 92010-6609
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ricardo C. Holguin Royalty Lease $11.66 709570 268
C. Holguin, S. Holguin, M. Holguin
P.O. Box 330
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Peter Henry Holtz Royalty Lease $613.30 286790 62
17578 Friends Road 286780 64
Caldwell, ID 83605 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Thomas Andrew Holtz Royalty Lease $613.30 286790 62
P.O. Box 3543 286780 64
El Centro, CA 92243 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Vincent Louis Holtz Royalty Lease $613.30 286790 62
18752 Symms Road 286780 64
Caldwell, ID 83605 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Huertero Royalty Lease $3.89 282340 209
Maria Huertero
P.O. Box 294
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rose Ann Hurst Royalty Lease $350.00 286320 82
687 West Carob Place
Chandler, AZ 85248-4418
- ------------------------------------------------------------------------------------------------------------------------------------
HFC County Of Imperial Royalty Lease $1,940.62 708230 307
Department Of Public Works 702062 319,327,328,
155 South 11th Street 329,330
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC County Of Imperial Royalty Lease $14.38 282360 90
Randy Rister, Director
1002 State Street
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Imperial Irrigation District Royalty Lease $847.82 291170 256,257,317
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 285840 17
P.O. Box 150801
E. Ely, N Y89315-0801
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Anne Loretta Jacobs Royalty Lease $613.30 286790 62
44957 Jacobs Road 286780 64
Baker City, OR 97814 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rosalva Villareal Jauregui(3) Royalty Lease $15.56 280940 237
P.O. Box 363
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Atanacio Lopez Jimenez Royalty Lease $3.89 282540 152
P.O. Box 69
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Francisco Javier Jimenez Royalty Lease $13.69 282120 142
Isabel Cristina Jimenez
P.O. Box 499
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Alicia Khan Royalty Lease $22.03 281450 32
1877 Santa Rosa Road 263300 248
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC John R. Lemon Royalty Lease $61.84 701740 68
Diane M. Lemon
175 East Cole Road
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Robert M. Lemon Royalty Lease $674.45 701740 68
Mary Lemon
175 East Cole Road
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Elida Chapa Leyva Royalty Lease $15.56 281480 19
P.O. Box 313
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Diego C. Lopez Royalty Lease $15.56 280930 236
Maria C. Lopez
P.O. Box 328
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ernesto Lopez Sr. Royalty Lease $40.77 263300 248
Jeannette M. Lopez
176 Gill Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Francisco V. Lopez Royalty Lease $19.45 281840 104
Rosa P. Lopez
632 Mc Kinley
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Lopez Royalty Lease $155.59 262750 97
Rosa Lopez
P.O. Box 846
El Centro, CA 92244
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rosalio Lopez Royalty Lease $19.45 282410 159
Nemcia C. Lopez
P.O. Box 55
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Salvador Lopez Royalty Lease $20.58 280430 101
P.O. Box 322
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Arturo R. Luna Royalty Lease $3.89 281170 41
Refugio V. Luna
P.O. Box 314
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Alfonso Luquin Royalty Lease $23.35 281790 126
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 282210 102
P.O. Box 1000
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Encarnacion Manzano Royalty Lease $15.56 630770 254
C. Manzano, Refugio Manzano
P.O. Box 80
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Antonio Martinez Royalty Lease $3.89 281510 116
Gloria Martinez
P.O. Box 612
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Consuelo C. Martinez Royalty Lease $493.91 262920 23
3430 Cecelia Jo. Road
Ramona, CA 92065
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Genaro H. Martinez Royalty Lease $7.77 281920 95
Refugio Martinez
P.O. Box 680
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Harry Martinez Royalty Lease $11.66 281520 117
P.O. Box 234
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Margarita K. Martinez Royalty Lease $35.01 701710 213
P.O. Box 462
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rose Matus Royalty Lease $27.23 281460 138
P. O. Box 135
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ralph M. McMillan Royalty Lease $31.13 282460 216
Ray Gene McMillan
2330 Lake Morena Drive
Campo, CA 92006
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Frank Orraj & Pilar McNeece Surface Rental 0 291610
670 East 32nd Street, Suite 1
Yuma, AZ 85365
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Luz Maria Simon Medina Royalty Lease $11.66 709710 288
P. O. Box 368
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria Ester Mejia Mejio Royalty Lease $35.01 282090 250
P. O. Box 1044
King City, CA 93930
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Porfirio Mendez Royalty Lease $151.66 262760 98
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 291410&701900 323
Rmp-Solid Minerals Section
P.O. Box 5810 T.A. Ca-9062
Denver, CO 80217-5810
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Edward Miranda Royalty Lease $15.56 281090 120
P.O. Box 29
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Frank S. Monreal Royalty Lease $62.21 433190 211
P. O. Box 420
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jorge Garcia Montes Royalty Lease $15.56 281720 196
Guillermina Montes
P.O. Box 530
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria Gutierrez Montes Royalty Lease $7.20 709990 272
P. O. Box 34
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Gorgonio Moreno Royalty Lease $3.89 281420 110
Altagracia C. Moreno
P.O. Box 508
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Bob Morrison Royalty Lease $57.34 732010 293
Vina Louise Morrison
P.O. Box 234
Richland, OR 97870
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Doris A. Mullins Royalty Lease $3,190.20 211480 70
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 262820 81
1134 Glendora Avenue
Covina, CA 91724-1504
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Manuel Murillo Royalty Lease 19.45 282370 172
P. O. Box 282
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Baldomero C. Navarro Royalty Lease 19.45 281030 228
P.O. Box 413
Guadalupe Paez Navarro
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jesus Navarro Royalty Lease 15.56 280980 220
P.O. Box 834
Sonia Navarro
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Altagracia Aguirre Nieblas Royalty Lease 23.34 281630 165
P.O. Box 129 281570 197
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Nowlin Partnership Royalty Lease/Surface Rental 23,329.54 270910 60
C/O PIT VII. Inc. Surface-270911
6017 E. McKellips #104-46
Mesa AZ 85215
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jesus A. Nunez Royalty Lease 11.66 282280 171
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 701720 16
530 W. McCabe Road 701690 58
El Centro, CA 92243 Surface-701691
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Fernando E. Olague Royalty Lease $19.45 281260 214
David P. & Ruth Olague
P.O. Box 931
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Robert Olague Royalty Lease $11.66 282220 175
Delia Olague
P.O. Box 74
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Joe F. Olvera Royalty Lease $23.35 282550 195
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 709630 273
Carmen Mendez Ortiz
P.O. Box 516
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Inez Catherine Osborne Royalty Lease $1,575.07 701670 12
P.O. Box 874 701890 274
El Centro, CA 92244-0074
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Joshua Michael Oxman Royalty Lease $623.71 273150 246, 247
In Care Of Linda Beth Oxman 275960
2166 Arbor Circle
Brea, CA 92621
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Zachary William Oxman Royalty Lease $623.71 273150 246, 247
2 Enterprise Apartment 10304 275960
Alisa Viejo, CA 92656
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Luis Padilla Royalty Lease $19.45 281310 225
Margarita M. Padilla
P.O. Box 392
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ruben Panduro Royalty Lease $19.43 281240 188
74 10th Street 709800 300
P. O. Box 372
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Santos O. Patino Royalty Lease $73.90 291120 261
Oralia Patino
1051 Corfman Road
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Enrique A. Perez Royalty Lease $23.35 281270 187
Maria Perez
1786 W. Adams, Space #2
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC David F. Perillo Royalty Lease $11.66 282350 21
169 East Main Street
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria S. Piceno Royalty Lease $7.77 280440 103
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 281610 160
P.O. Box 74
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Anna Quintero Royalty Lease $15.56 282400 164
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 281940 253
P. O. Box 228
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Berta Ramirez Royalty Lease $15.56 281150 169
P. O. Box 53
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Ramirez Royalty Lease $35.01 264670&270830 50
Celia O. Ramirez
P.O. Box 53
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan C. Ramirez Royalty Lease $35.01 282150 313
Irma N. Ramirez
P.O. Box 1009
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Esther B. Ramos Royalty Lease $19.45 28100 221
P. O. Box 2
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose P. Ramos Royalty Lease $19.45 280970 219
Belen C. Ramos
P.O. Box 278
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Nicasio Quirarte Ramos Royalty Lease $30.70 282450 106
Socorro Quirarte Ramos
P.O. Box 148
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Sebastiana Ray Royalty Lease $15.56 282440 178
P. O. Box 112
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan M. Rivera Royalty Lease $19.45 281990 145
Lydia Rivera
P.O. Box 108
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Daniel O. Robinson Royalty Lease $412.25 263360 83
Jean A. & Jennie B. Robinson
24 E. D R Kincaid
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ramon F. Robledo Royalty Lease $45.20 263340 99
Lupe Robledo
P.O. Box 4
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Francisco Rodriguez Royalty Lease $3.89 740020 285
P. O. Box 614
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Gabriel Rodriguez, Jr. Royalty Lease $19.45 282180 20
P.O. Box 708
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Lucio Rodriguez Royalty Lease $15.56 281350 227
Francisca Lopez Rodriguez
P.O. Box 426
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria T. Rodriguez Royalty Lease $15.56 732030 299
1387 W. Union Street
San Bernardino, CA 92411
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Miguel A. Rodriguez Royalty Lease $15.56 281340 239
Noemi Rodriguez
P.O. Box 664
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Maria M. Rojas Royalty Lease $11.66 282000 179
Adelina F. Ochoa
P.O. Box 214
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Roman Catholic Bishop Royalty Lease $46.69 433180 242
P. O. Box 85728
San Diego, CA 92186-5728
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Manuel Romo Royalty Lease $64.97 281250 259
Alberta P. Romo 263300 248
P.O. Box 37
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Guadalupe G. Rosas Royalty Lease $7.77 280420 92
P.O. Box 416
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Manuel Rubalcava Royalty Lease $7.77 281530 118
P.O. Box 5
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Encarnacion Ruiz Royalty Lease $31.15 263300 248
P. O. Box 21
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose T. Ruiz Royalty Lease $23.35 281110 47
Estela Ruiz & Freddie Reyes
P.O. Box 996
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Norma Ruiz Royalty Lease $19.45 281390 223
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 282390 91
Rosemary Salazar
877 Scott
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Natalie Salazar Royalty Lease $15.56 281760 168
P. O. Box 473
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Saldivar Royalty Lease $23.33 282030 125
Petra I. Saldivar 282040 131
P.O. Box 357
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Andy Sanchez Royalty Lease $11.66 281380 162
P. O. Box 62
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Linda Nava Sanchez Royalty Lease $11.66 282330 208
P. O. Box 397
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC San Diego Gas And Electric Co. Royalty Lease 292040&701910 243
Glen Holland CP41D $88,701.52(4) 292050&701920 244
8306 Century Park Ct. 291410&701900 323
San Diego, CA 92123-1593 400
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Edward Silvas Royalty Lease $11.66 281750 108
Natalie Salazar
P.O. Box 160
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Eugenio Silva Royalty Lease $7.77 281140 129
Silvia G. Silva
P.O. Box 159
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jesse B. Silva Royalty Lease $21.30 282120 142
Maria R. Silva
2284 Pepper Drive
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC John F. Silva Royalty Lease $15.56 281780 134
637 Heil
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Serafin Silva Royalty Lease $11.66 281870 109
Mary Silva
P.O. Box 402
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Antonia Simon Royalty Lease 11.66 709720 289
P. O. Box 368
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jesus M. Singh Royalty Lease $30.37 263300 248
Herlinda M. Singh
357 Eucalyptus Avenue
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Neva Smith Royalty Lease $2,712.01 226700 56
735 Baylor Avenue
Bonita, CA 91902
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rosa R. Soto Royalty Lease $50.58 281880 135
695 Desert Gardens Drive 709860 306
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Southern Pacific Trans. Co. Royalty Lease/Surface Rental and $3,165.70 291100 260
P. O. Box 209711 Advance Recoupment
Houston, TX 77216-9711
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Bertie Faye Stafford Royalty Lease $38.88 281860 245
P. O. Box 71
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Felipe Sustaita Royalty Lease $11.66 281930 121
Esperanza Sustaita
P.O. Box 201
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Arturo G. Tabarez Royalty Lease $19.45 281660 31
P.O. Box 1882
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Pompeyo R. Tabarez Royalty Lease $35.01 280960 218
Norma A. Tabarez
P.O. Box 558
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Salome Tabarez Royalty Lease $11.66 281650 25
P.O. Box 1882
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Victoriano Tabarez Royalty Lease $15.56 282190 33
P.O Box 142
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Guadalupe Tamaya Royalty Lease $3.89 281490 114
P.O. Box 17
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Tony & Lillian Terribilini Surface Rental 0 291570
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 $15.56 282430 27
Maria Topete
P.O. Box 20
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Sofia Torres Royalty Lease $44.37 263340 99
P.O. Box 225 281590 166
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ramiro Gonzalez Torres Royalty Lease 0
P.O. Box 288
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jesse Urbanek Royalty Lease $381.14 263290 217
3580 S. Newcomb
Mendota, CA 93640
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Josefina Uriarte Royalty Lease $11.66 282100 149
P. O. Box 478
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC John Urias Royalty Lease $35.01 281180 43
Margaret Urias
P.O. Box 104
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ignacio Uribe Royalty Lease $7.77 281070 119
P.O. Box 176
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jesus Uribe Royalty Lease $15.56 280910 235
Maria Elena Uribe
P.O. Box 365
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC David Joseph Utick Royalty Lease $613.30 286790 62
10891 Furlong Drive 286780 64
Santa Ana, CA 92705 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Frank Steven Utick Royalty Lease $613.30 286790 62
13121 Buckingham Circle 286780 64
Westminister, CA 92683 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Heliodoro Valdez Royalty Lease 0
Cristina Valdez
P.O. Box 3241
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Leonardo C. Valenzuela Royalty Lease $7.77 281730 128
Raquel B. Valenzuela
P.O. Box 594
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Raymundo C. Valenzuela Royalty Lease $7.77 281830 133
Aurora D. Valenzuela
P.O. Box 311
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC William P. Valusek Royalty Lease $88.18 701740 68
Rose Marie Valusek
185 East Cole Road
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jose M. Vasquez Royalty Lease $35.01 281360 189
Guadalupe, Carmen & Jorge Vasquez
P.O. Box 152
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rene F. Vega Royalty Lease $34.61 263300 248
Alicia Vega
189 Gill Road
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Severiano Veliz Royalty Lease $19.45 282160 153
Tomasa V. Veliz
P.O. Box 404
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Angel Villa Royalty Lease $15.56 281100 222
Esther Villa
P.O. Box 125
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Armando Villarreal Royalty Lease $15.56 281320 238
P.O. Box 46
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Fernando Villa Royalty Lease $7.77 709690 286
Gloria Villa
P.O. Box 586
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Juan Villafana Royalty Lease $34.61 263300 248
Rosa Villafana
945 Lincoln Street
Calexico, CA 92231
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Jesus R. Villagomez Royalty Lease $11.66 282060 123
Maria Trinidad A. De Villagomez
P.O. Box 200
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Rafael Villanueva Royalty Lease $10.23 733240 293
Patricia Villanueva
P.O. Box 913
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ramiro Villarreal Royalty Lease $8.95 282360 90
Angela Villareal
P.O. Box 75
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ramiro L. Villarreal Royalty Lease $15.56 280920 231
Elisa Villareal
P.O. Box 297
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Robert G. Walcutt Royalty Lease $27.23 282250 140
Rachel L. Walcutt
P.O. Box 876
El Centro, CA 92244
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Patricia Lea Walker Royalty Lease $613.30 286790 62
13821 Henstridge Circle 286780 64
Tustin, CA 92780 701680 76
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Henry Werthheimer, Jr. Royalty Lease $541.28 275960 247
Wetheimer Livestock
P.O. Box 179
South St. Paul, MN 55075
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Samuel Werthheimer Royalty Lease $268.49 275960 247
6320 Upper 35th Street, North
Oakdale, MN 55128
- ------------------------------------------------------------------------------------------------------------------------------------
HFC L. W. White Royalty Lease $19.45 282290 124
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 226700 56
5424 W. Wagoner Road
Glendale, AZ 85308
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Robert C. Williamson Royalty Lease $2,711.96 226700 56
218 E. Market Drive
Bethlehem, PA 18018
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Donald Lee Wogatze Royalty Lease $23.35 282320 150
P. O. Box 695
Bloomington, CA 92316
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Opal S. Wood Royalty Lease $11.66 281820 130
13 Acacia Lane
Escondido, CA 92025
- ------------------------------------------------------------------------------------------------------------------------------------
HFC William T. Worthington Royalty Lease $38.89 282270 141, 193
Barbara Worthington
P.O. Box 205
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Imperial County Property Service Surface Rental 0 291560
1002 State Street
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Paul Marsh Pitman, Jr. Royalty Lease 0 226420 61
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, Surface Rental $200.00 291580
C/O Mr. David Conn
644 West Main Road
El Centro, CA 92243
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Felipe M. Cardenas Long-Term Holds $451.64 281910 96
Martha Ofelia C. Cardenas
1001 North Main St. Space #161
Las Vegas, NV 89101
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Albert Alfred Cowan Long-Term Holds $2,235.92 281220 194
Mary Agipina Cowan
P.O. Box 42
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Estate Of Nelma L. Hester Long-Term Holds $582.84 282180 20
Ronald J. Hester, Executor
520 Pepper Drive
El Cajon, CA 92021-1024
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Dolores C. Hinds Long-Term Holds $748.76 282850 163
1068 Calma Drive
Chula Vista, CA 92010-6609
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Adelaida Macias Long-Term Holds $289.35 281500 115
C/O The Bartlett Center
600 E. Washington Avenue
Santa Ana, CA 92701
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Roberto Ochoa Long-Term Holds $413.01 282200 26, 29
P.O. Box 401
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Myrtle R. Powers Long-Term Holds $253.49 282070 93
P.O. Box 268
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Felix Quintero Long-Term Holds $164.98 263340 99
51925 Avenida Velasco 281600 161
La Quinta, CA 92253
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Arnulfo G. Salazar Long-Term Holds $340.80 282500 18
8444 S. Buffalo Avenue Apt. #1
Chicago, IL 60617-2609
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Benjamin F. Thompson, Jr. Long-Term Holds $3,867.23 262760 98
Portia M. Thompson
56609 Golden Bee Drive
Yucca Valley, CA 92284-4240
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Ramiro Gonzalez Torres Long-Term Holds $8,999.03 263230 37
P.O. Box 288
Heber, CA 92249
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Union Fee Property(6) Long-Term Holds $30,432.32 701810 262
- ------------------------------------------------------------------------------------------------------------------------------------
HFC Wilbur-Ellis Co. Long-Term Holds $806.47 732040 308
Frank Brown, Vice President
345 California St. 27th Floor
San Francisco, CA 94104-2606
- ------------------------------------------------------------------------------------------------------------------------------------
- --------
(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.
(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
- ------------------------- ------------------------------------------- -------------------------------------------------- -----------
Covanta Party Counterparty Name and Address Type of Contract Cure Amount
- ------------------------- ------------------------------------------- -------------------------------------------------- -----------
SIGC** Second Imperial Geothermal Company** Participation Agreement, dated as of 0
4029 Ridge Top Road, Suite 200 November 24, 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 0
One Oliver Plaza Agreement (among DRAVO Corporation,
Pittsburgh, PA 15222 DRAVO Constructors, Inc., Centennial
Energy, Inc., Centennial Geothermal,
DRAVO Constructions, Inc. Inc., ERC International, Inc., ERC
One Oliver Plaza Energy, Inc., Imperial Power Services,
Pittsburgh, PA 15222 Inc., SIGC, Second Imperial Continental,
Inc., Amor 14 Corporation), dated
Centennial Energy, Inc. November 15, 1992.
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 0
4029 Ridge Top Road Agreement dated November 24, 1992 (among
Suite 200 SIGC, Amor 14 Corporation, SICI, Ogden
Fairfax, VA 22030 SIGC Geothermal Operations, Inc., US
Trust, ASC, GECC), dated September 1,
Second Imperial Continental, Inc. 1993.
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 0
4029 Ridge Top Road, Suite 200 Release Agreement 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 0
4029 Ridge Top Road, Suite 200, Agreement, 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 & 0
4029 Ridge Top Road, Suite 200 Release Agreement, 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 0
343 Second Street, Suite N SIGC Energy II., Inc., as Buyer, and
Los Altos, CA 94022 SICI, as Seller, and Ogden Power
Corporation, and Centennial Holding,
Covanta Energy Americas, Inc.* Inc.), dated December 29, 1994.
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 0
120 Long Ridge Road December 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, 0
4029 Ridge Top Road, Suite 200 dated August 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, 0
4029 Ridge Top Road, Suite 200 dated 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, 0
c/o Covanta Energy Americas, Inc. dated as 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, 0
343 Second Street dated May 19, 1999.
Los Altos, CA 94022
- ------------------------- ------------------------------------------- -------------------------------------------------- -----------
HEBER FIELD ENERGY II* Covanta Heber Field Energy Inc.* Heber Field Company Partnership Agreement, 0
4029 Ridge Top Road, Suite 200 dated November 1, 1991.
Fairfax VA 22030
- ------------------------- ------------------------------------------- -------------------------------------------------- -----------
HEBER FIELD ENERGY II* Covanta Heber Field Energy, Inc.* Agreement Relating to Heber Field Company, 0
4029 Ridge Top Road, Suite 200 dated May 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 0
OPERATIONS* 4029 Ridge Top Road, Suite 200 24, 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 as of November 0
4029 Ridge Top Road, Suite 200 24, 1992. Covanta SIGC Geothermal Operations, Inc. is
Fairfax, VA 22030 the operator.*
- ---------------- ------------------------------------------ ------------------------------------------------------------ -----------
HFC Covanta Geothermal Operations, Inc. Operation and Maintenance Agreement dated December 18, 0
4029 Ridge Top Road 1991.*
Suite 200
Fairfax, VA 22030
Attention: Paul B. Clements
- ---------------- ------------------------------------------ ------------------------------------------------------------ -----------
HGC Covanta Imperial Power Services, Inc. Second Amended and Restated Heber Geothermal Generating 0
4029 Ridge Top Road, Suite 200 Plant Operations and Maintenance Contract, dated March 27,
Fairfax, VA 22030 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 18, 0
4029 Ridge Top Road 1991, as amended. HFC is the successor in
Suite 200 interest to US Trust Company of California.
Fairfax, VA 22030 Assumed by bankruptcy court order dated June
27, 2002.
- ------------------------- ------------------------------------------- -------------------------------------------------- -----------
SIGC Covanta SIGC Geothermal Operations, Inc. Operation and Maintenance Agreement, dated as 0
4029 Ridge Top Road, Suite 200 of November 24, 1992. Covanta SIGC Geothermal
Fairfax, VA 22030 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 Geothermal 0
4029 Ridge Top Road, Suite 200 Generating Plant Operations and Maintenance
Fairfax, VA 22030 Contract, dated March 27, 1989, as amended.
ImperialPower provides operational and maintenance
services for debtor.*
- ------------------------- ------------------------------------------- -------------------------------------------------- -----------
*These agreements appear on both this Exhibit and Exhibit E.