EXHIBIT 99.2
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NOTICE OF GUARANTEED DELIVERY
FOR
SALTON SEA FUNDING CORPORATION
This Notice of Guaranteed Delivery, or one substantially equivalent to
this form, must be used to accept the Exchange Offer (as defined below) of
Salton Sea Funding Corporation (the "Company") made pursuant to the Prospectus,
dated June 29, 1999 (the "Prospectus"), and the related Letter of Transmittal
(the "Letter of Transmittal") if (i) certificates for the Old Securities (as
defined below) are not immediately available; (ii) the Old Securities, the
Letter of Transmittal and all other required documents cannot be delivered or
transmitted by facsimile transmission, mail or hand delivery to Chase Manhattan
Bank and Trust Company, National Association (the "Exchange Agent") on or prior
to 5:00 p.m., New York City time, on the Expiration Date (as defined in the
Prospectus); or (iii) the procedures for delivery by book-entry transfer cannot
be completed on a timely basis. See "The Exchange Offer--Procedures for
Tendering" section in the Prospectus. The term "Old Securities" means the
Company's outstanding 7.475% Senior Secured Series F Bonds Due November 30,
2018. Capitalized terms used herein but not defined herein have the meanings
ascribed to them in the Prospectus.
The Exchange Agent for the Exchange Offer is:
CHASE MANHATTAN BANK AND TRUST COMPANY, NATIONAL ASSOCIATION
Facsimile Transmissions:
(214) 672-5746
To Confirm by Telephone or for Information:
(415) 954-9508
By Hand Delivery: By Mail/Courier Service:
The Chase Manhattan Bank Chase Bank of Texas
Corporate Tellers Corporate Trust Services
55 Water St., Rm. 234 North Bldg. 1201 Main St., 18th Floor
New York, NY 10041 Dallas, TX 75202
Attention: Frank Ivins
Personal & Confidential
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN
AS SET FORTH ABOVE OR TRANSMISSION OF THIS NOTICE OF GUARANTEED DELIVERY VIA
FACSIMILE TO A NUMBER OTHER THAN AS SET FORTH ABOVE DOES NOT CONSTITUTE A VALID
DELIVERY.
This Notice of Guaranteed Delivery is not to be used to guarantee
signatures. If a signature on a Letter of Transmittal is required to be
guaranteed by an "Eligible Institution" under the instructions thereto, such
signature guarantee must appear in the applicable space provided in the
signature box on the Letter of Transmittal.
Ladies and Gentlemen:
The undersigned hereby tenders to the Company, upon the terms and
conditions set forth in the Prospectus and the Letter of Transmittal (which
together constitute the "Exchange Offer"), receipt of which are hereby
acknowledged, the aggregate principal amount of Old Securities set forth below
pursuant to the guaranteed delivery procedure described in "The Exchange Offer
- -- Procedures for Tendering" section in the Prospectus and the Letter of
Transmittal.
Principal Amount of Old Securities Signature(s) _____________________
Tendered $ _______________________
__________________________________
Certificate Nos. Please Print the Following Information:
(if available) ___________________
Name(s) of Registered
Total Principal Amount Holders __________________________
Represented by Old Securities
Certificate(s) __________________ __________________________________
If Old Securities will be tendered Address __________________________
by book-entry transfer, provide the
following information: __________________________________
DTC Account Number _______________ Area Code and Telephone
Number(s) ________________________
Dated:___________________, 1999
__________________________________
GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a firm or entity identified in Rule 17Ad-15 under the
Securities Exchange Act of 1934, as amended, as an "eligible guarantor
institution," hereby guarantees to deliver to the Exchange Agent, at its
address set forth above, either the Old Securities tendered hereby in proper
form for transfer, or confirmation of the book-entry transfer of such Old
Securities pursuant to the procedures for book-entry transfer set forth in the
Prospectus, in either case together with a properly completed and duly executed
Letter of Transmittal (or facsimile thereof), with any required signature
guarantees, and any other documents required by the Letter of Transmittal
within three New York Stock Exchange trading days after the date of execution
of this Notice of Guaranteed Delivery.
Name of Firm ______________________ ___________________________________
Authorized Signature
Address ___________________________
Name: _____________________________
___________________________________ Please type or print
Zip Code
Date: _____________________________
Area Code and Telephone
Number: ___________________________
NOTE: DO NOT SEND CERTIFICATES FOR OLD SECURITIES WITH THIS NOTICE OF
GUARANTEED DELIVERY. CERTIFICATES FOR OLD SECURITIES SHOULD ONLY BE
SENT WITH YOUR LETTER OF TRANSMITTAL.