Exhibit 10.1.1.2
EXECUTION DRAFT
FIRST CONSENT, WAIVER AND AMENDMENT
     FIRST CONSENT, WAIVER AND AMENDMENT, dated as of May 3, 2006 (this
“Amendment”), to and under the Amended and Restated Revolving Credit, Term Loan
and Guarantee Agreement, dated as of February 23, 2006 (as heretofore amended,
supplemented or otherwise modified, the “Credit Agreement”), among (i) CALPINE
CORPORATION (the “Borrower”), (ii) the subsidiaries of the Borrower named
therein (the “Guarantors”), (iii) CREDIT SUISSE SECURITIES (USA) LLC and
DEUTSCHE BANK SECURITIES INC. (“DBSI”), as joint syndication agents (in such
capacities, collectively, the “Syndication Agents”), (iv) DEUTSCHE BANK TRUST
COMPANY AMERICAS (“DB”), as administrative agent for the First Priority Lenders
hereunder (in such capacity and including any successors, the “First Priority
Agent”), (v) GENERAL ELECTRIC CAPITAL CORPORATION (including its successors, “GE
Capital”), as Sub-Agent for the Revolving Lenders hereunder (in such capacity
and including any successors, the “Sub-Agent”), (vi) CREDIT SUISSE (“CS”), as
administrative agent for the Second Priority Term Lenders hereunder (in such
capacity and including any successors, the “Second Priority Agent”),
(vii) LANDESBANK HESSEN THÜRINGEN GIROZENTRALE, NEW YORK BRANCH, GE CAPITAL and
HSH NORDBANK AG, NEW YORK BRANCH, as joint documentation agents for the First
Priority Lenders hereunder, and BAYERISCHE LANDESBANK, GE CAPITAL and UNION BANK
OF CALIFORNIA, N.A., as joint documentation agents for the Second Priority
Lenders hereunder (in such capacities and including any successors,
collectively, the “Documentation Agents”), and (viii) each of the financial
institutions from time to time party hereto (collectively, the “Lenders”).
W I T N E S S E T H :
     WHEREAS, the Borrower, the Lenders and the Agents are parties to the Credit
Agreement;
     WHEREAS, the Borrower has informed the Administrative Agents that an Event
of Default will occur and be continuing as of May 1, 2006, by reason of the
Borrower’s failure to deliver audited financial statements in accordance with
the terms of the Credit Agreement;
     WHEREAS, the Borrower has requested that the Administrative Agents and the
Lenders waive such Event of Default;
     WHEREAS, the Borrower has requested that the Lenders consent to the use of
proceeds of the Loans to make certain payments of pre-petition Indebtedness;
     WHEREAS, the Borrower has further requested that the Lenders agree to amend
certain provisions of the Credit Agreement as set forth below; and
     WHEREAS, the Lenders have agreed to such requested waiver, consent and
amendments, but only upon the terms and conditions set forth herein;

 

--------------------------------------------------------------------------------

 

 2
     NOW, THEREFORE, in consideration of the premises and the mutual agreements
contained herein, and for other valuable consideration the receipt of which is
hereby acknowledged, the Borrower, the Lenders and the Administrative Agents
hereby agree as follows:
     SECTION 1. DEFINITIONS. Unless otherwise defined herein, capitalized terms
are used herein as defined in the Credit Agreement. As used in this Agreement,
the following terms shall have the meanings specified below:
     “Approval Order” shall mean the final, non-appealable order or orders of
the Bankruptcy Court, in each case, in form and substance reasonably acceptable
to the Administrative Agents, approving the First Lien Repayment and
specifically approving the use of proceeds of Loans under the Credit Agreement
to effect the First Lien Repayment.
     “First Lien Notes”: the $785 million of 9.625% First Priority Senior
Secured Notes due 2014 and issued by the Borrower on September 30, 2004.
     “First Lien Repayment”: the payment, in one or more payments, by the
Borrower, in accordance with the terms of the Approval Order, of $646.11 million
of principal outstanding under, and all other amounts payable in connection
with, the First Lien Notes and allowed by the Approval Order.
     SECTION 2. CONSENT. Effective upon entry by the Bankruptcy Court on the
docket in the Cases of the Approval Order and provided that no Event of Default
has occurred and is continuing at the time of the First Lien Repayment, the
Lenders hereby consent to the First Lien Repayment and to the use of proceeds of
Loans under the Credit Agreement to effect the First Lien Repayment approved
pursuant to the Approval Order.
     SECTION 3. WAIVERS.
          3.1 The Lenders hereby waive any Default or Event of Default, together
with any default interest accruing pursuant to Section 2.12(c) of the Credit
Agreement, in each case arising solely by reason of the failure of the Borrower
to comply with Section 5.1(a) of the Credit Agreement with respect to the
delivery to the Administrative Agents and the Lenders, for the fiscal year
ending December 31, 2005, of a copy of the audited consolidated balance sheet of
the Borrower and its consolidated Subsidiaries as at the end of such year and
the related audited consolidated statements of operations, stockholders’ equity
and of cash flows for such year, setting forth in each case in comparative form
the corresponding consolidated and consolidating figures for the preceding
fiscal year, reported on without qualification arising out of the scope of the
audit, by PricewaterhouseCoopers or another independent certified public
accountants of nationally recognized standing, provided that, such waiver will
expire on May 15, 2006 if the Borrower has not delivered the information
required by Section 5.1(a) (as amended by this Amendment) for such fiscal year
to the Administrative Agents and the Lenders by such date, in which case an
Event of Default will be deemed to occur on such date and to be continuing
thereafter, and provided further that, the Administrative Agents may, in their
reasonable discretion, extend such May 15, 2006 date to May 31, 2006.

 

--------------------------------------------------------------------------------

 

 3
          3.2 The Lenders hereby waive the Default(s) or Event(s) of Default (if
any), together with any default interest accruing pursuant to Section 2.12(c) of
the Credit Agreement (if any) arising from (i) the failure to have included
Calpine Geysers Company, L.P. (“CGCLP”) as a Debtor in the Cases, to have
pledged the equity interests in CGCLP and to have granted security interests in
the assets of CGCLP as Collateral, or to have caused CGCLP to have become a
Guarantor or (ii) from any misstatement, misrepresentation or breach of warranty
as a result thereof, in connection therewith or attributable thereto (including
without limitation through or as a result of the omission of references to CGCLP
or its equity interest or assets, or its existence or status as a Subsidiary in
the Credit Agreement, any other Loan Documents or any schedules or exhibits to
any Loan Document or any deliveries made pursuant thereto), provided that, such
waiver will expire on May 15, 2006, if a petition to cause CGCLP to become a
debtor and debtor-in-possession in a case pending under Chapter 11 of the
Bankruptcy Code has not been filed in the Bankruptcy Court by such date.
     SECTION 4. AMENDMENTS.
          4.1 Amendments to Section 1.1.
          (a) Section 1.1 of the Credit Agreement is hereby amended by deleting
the definition of “Closing Date” and inserting in lieu thereof the following new
definition:
          ““Closing Date”: February 23, 2006.”.
          (b) Section 1.1 of the Credit Agreement is hereby amended by deleting
the definition of “Projections” and inserting in lieu thereof the following new
definition:
          ““Projections”: the detailed consolidated budget for the 2006 and 2007
fiscal years of the Borrower and its Subsidiaries (including the consolidated
statements of projected cash flow and projected income and a description of the
underlying assumptions applicable thereto) delivered to the Administrative
Agents pursuant to Section 4.1(f) of the Existing Credit Agreement.”.
          4.2 Amendments to Section 5.1.
          (a) Section 5.1(a) of the Credit Agreement is hereby amended by
deleting the Section and inserting in lieu thereof the following new Section:
          “as soon as available and in any event within 105 days after the
fiscal year ending December 31, 2005 and ninety (90) days after the end of each
fiscal year thereafter, (i) a copy of the audited consolidated balance sheet of
the Borrower and its consolidated Subsidiaries as at the end of such year and
the related audited consolidated statements of operations, stockholders’ equity
and of cash flows for such year, and (ii) a copy of the unaudited consolidated
balance sheet of Geysers Power Company, LLC and Silverado Geothermal Resources,
Inc., as at the end of such year and the related unaudited consolidated
statements of operations, stockholders’ equity and of cash flows for such year,
and in the case of clause (i), setting forth in comparative form the
corresponding consolidated figures for the preceding fiscal year, reported on
without qualification arising out of the scope of the audit, by

 

--------------------------------------------------------------------------------

 

 4
PricewaterhouseCoopers or another independent certified public accountants of
nationally recognized standing;”
          (b) Section 5.1(b) of the Credit Agreement is hereby amended by
deleting the Section and inserting in lieu thereof the following new Section:
          “as soon as available and in any event within (i) seventy five
(75) days after the fiscal quarter ending March 31, 2006, (ii) sixty (60) days
after the fiscal quarter ending June 30, 2006 and (iii) forty-five (45) days
after the end of (A) the fiscal quarter ending on September 30, 2006 and
(B) each of the first three quarterly fiscal periods of each fiscal year
thereafter, (x) a copy of the unaudited consolidated balance sheet of the
Borrower and its consolidated Subsidiaries as at the end of such quarter and the
related unaudited consolidated statements of income and of cash flows for such
quarter and the portion of the fiscal year through the end of such quarter,
setting forth in each case in comparative form the corresponding consolidated
figures for the corresponding periods in the preceding fiscal year, accompanied
by a certificate of a Responsible Officer, which certificate shall state that
such consolidated financial statements fairly present, in all material respects,
the consolidated financial condition and results of operations of the Borrower
and its consolidated Subsidiaries, in accordance with GAAP, consistently
applied, as at the end of, and for, such period (subject to normal year-end
audit adjustments and the absence of footnotes), and (y) a copy of the unaudited
consolidated balance sheet of Geysers Power Company, LLC and Silverado
Geothermal Resources, Inc., as at the end of such quarter and the related
unaudited consolidated statements of income and cash flows for such quarter and
the portion of the fiscal year through the end of such quarter, provided that,
the seventy-five (75) day period for the fiscal quarter ending March 31, 2006
may be extended to ninety (90) days by the Administrative Agents acting in their
reasonable discretion ;”
          (c) Section 5.1(c)(ii) of the Credit Agreement is hereby amended by
deleting the Section and inserting in lieu thereof the following new Section:
          “not later than (i) March 10, 2006 as to the fiscal month ending
December 31, 2005, (ii) forty-five (45) days after the fiscal month ending on
each of January 31, 2006, February 28, 2006, March 31, 2006, April 30, 2006,
May 31, 2006 and June 30, 2006 and (iii) thirty (30) days after the end of each
month thereafter, (A) the unaudited consolidated balance sheet and the unaudited
consolidated statement of income of the Borrower and its consolidated
Subsidiaries for such fiscal month, together with a comparison to the
Projections for the period through the end of such month, and (B) a copy of the
unaudited consolidated balance sheet of Geysers Power Company, LLC and Silverado
Geothermal Resources, Inc., as at the end of such fiscal month and the related
unaudited consolidated statements of income for such fiscal month, together (in
the case of clause (A)) with a comparison to the Projections for the period
through the end of such month, in each case certified by a Responsible Officer
as being fairly stated in all material respects (subject to normal quarter-end
and year-end audit adjustments and the absence of footnotes), provided that, the
forty-five (45) day period for the fiscal month ending March 31, 2006 may be
extended to sixty days (60) by the Administrative Agents acting in their
reasonable discretion;”

 

--------------------------------------------------------------------------------

 

 5
     (d) Section 5.1(d) of the Credit Agreement is hereby amended by deleting
the phrase “Global Entities” where it appears therein and inserting in lieu
thereof the words “Borrower and its Subsidiaries (other than Foreign
Subsidiaries)”.
     (e) Section 5.1(e) of the Credit Agreement is hereby amended by deleting
the Section and inserting in lieu thereof the following new Section:
     “no later than Wednesday of each week, a comparison of (i) actual net cash
flows of the Borrower and its Subsidiaries (other than Foreign Subsidiaries) for
the week most recently ended against (ii) projected net cash flows of the
Borrower and its Subsidiaries (other than Foreign Subsidiaries) for such week
most recently delivered pursuant to paragraph (d) above, in form and substance
satisfactory to the Administrative Agents (including a detailed explanation of
any material variances) certified by a Responsible Officer as being fairly
stated in all material respects;”
     4.3 Amendment to Section 5.13. Section 5.13 of the Credit Agreement is
hereby amended by deleting the Section and inserting in lieu thereof the
following new Section:
     “(a) Within 90 days of the Closing Date, deliver to the Administrative
Agents evidence of the actions specified as items 2, 6, and 7 on Schedule 5.13,
and (b) by November 1, 2006, deliver to the Administrative Agents evidence of
the actions specified as items 1, 3, 4, and 5 on Schedule 5.13, provided that,
such November 1, 2006 date may be extended, or the obligation to deliver such
evidence waived, by the Administrative Agents acting in their reasonable
discretion and in each case upon terms and conditions reasonably satisfactory to
the Administrative Agents.”
     4.4 Amendment to Section 6.20. Section 6.20 of the Credit Agreement is
hereby amended by inserting the phrase “or such other accounts as are reasonably
acceptable to the Collateral Agent, in each case”, immediately after the phrase
“Concentration Account” where it appears in the second sentence of the Section.
     4.5 Amendments to Section 11.6.
     (a) Section 11.6(c)(iii) of the Credit Agreement is hereby amended by
deleting the Section and inserting in lieu thereof the following new Section:
     “(iii) unless such sale is to another Lender, Related Fund or Affiliate of
any Lender, or involves less than all of the transferor Lender’s rights and
obligations under this Agreement, (A) the amount of the rights and obligations
so sold shall, unless otherwise agreed to in writing by the applicable
Administrative Agent, not be less than $1,000,000 and (B) after giving effect to
such assignment, the Commitment of each of the transferor Lender and the
transferee Lender shall be at least $1,000,000, or such lesser amount agreed to
by the applicable Administrative Agent,”.
     (b) Section 11.6(c) of the Credit Agreement is hereby amended by inserting
immediately after the phrase “and the Swingline Lender shall be required” where
it appears in Section 11.6(c)(iv), the following:

 

--------------------------------------------------------------------------------

 

 6
          “and (v) and in any case, the sale is not to an entity which is
restricted from making future advances under a revolving credit facility if the
sale is under the Revolving Facility or in any case, to an entity that has filed
for relief under the Bankruptcy Code or that is a financially distressed
company”.
          4.6 Amendment to Schedule 6.7A. Schedule 6.7A of the Credit Agreement
is hereby amended by deleting the words “Insurance Captive” where they appear
therein and inserting in lieu thereof the words “Insurance – Captive/External”.
     SECTION 5. CONDITIONS PRECEDENT.
          5.1 Effective Date. This Amendment shall become effective as of the
date first set forth above (the “Amendment Effective Date”) following the date
on which all of the following conditions have been satisfied or waived:
          (a) Execution and Delivery. The Administrative Agents shall have
received counterparts of this Amendment duly executed by (A) the Borrower and
the Guarantors and (B) the Required Lenders;
          (b) Amendment Fee. The Administrative Agents shall have received
(i) payment, for distribution to each Lender that has signed and delivered this
Agreement to the Administrative Agents by not later than 3:00 p.m. (New York
City time) on May 3, 2006 (or such later time or date as agreed by the Borrower
and the Administrative Agents), an amendment fee equal to 0.05% of the Aggregate
Outstandings of such Lender then in effect.
          (c) Fees and Expenses. The Administrative Agents shall have received
all fees and accrued expenses of the Administrative Agents (including invoiced
fees and expenses of legal counsel to the Administrative Agents) required to be
paid by the Borrower pursuant to Section 11.5; and
          (d) No Default. After giving effect to this Amendment, there shall be
no Default or Event of Default.
     SECTION 5. GENERAL.
          5.1 Representations and Warranties. In order to induce the
Administrative Agents and the Lenders to enter into this Amendment, the Borrower
hereby represents and warrants to the Administrative Agents and the Lenders that
after giving effect to this Amendment, the representations and warranties of the
Borrower contained in the Credit Agreement and the other Loan Documents are true
and correct in all material respects on and as of the Amendment Effective Date
(after giving effect hereto) as if made on and as of the Amendment Effective
Date (except where such representations and warranties expressly relate to an
earlier date in which case such representations and warranties were true and
correct in all material respects as of such earlier date); provided that all
references to the “Credit Agreement” in any Loan Document shall be and are
deemed to mean the Credit Agreement as amended hereby.
          5.2 Loan Document. This Amendment constitutes a Loan Document.

 

--------------------------------------------------------------------------------

 

 7
     5.2 GOVERNING LAW. THIS AMENDMENT, AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES TO THIS AMENDMENT, SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK AND, TO THE EXTENT
APPLICABLE, THE BANKRUPTCY CODE.
     5.3 Counterparts. This Amendment may be executed by the parties hereto in
any number of separate counterparts and all of said counterparts taken together
shall be deemed to constitute one and the same instrument.
     5.4 Consent of Guarantors. Each of the Guarantors hereby consents to the
modifications to the Credit Agreement contemplated hereby.
     5.5 Successors and Assigns. This Amendment shall be binding upon and inure
to the benefit of the Borrower and the Guarantors and each of their respective
successors and assigns, and upon the Administrative Agents and the Lenders and
their successors and assigns. The execution and delivery of this Amendment by
any Lender prior to the Amendment Effective Date shall be binding upon its
successors and assigns and shall be effective as to any loans or commitments
assigned to it after such execution and delivery.
     5.6 Limited Effect. Except as expressly modified by this Amendment, the
Credit Agreement and the other Loan Documents are ratified and confirmed and
are, and shall continue to be, in full force and effect in accordance with their
respective terms. Each Loan Party acknowledges and agrees that such Loan Party
is truly and justly indebted to the Lenders and the Administrative Agents for
the Obligations, without defense, counterclaim or offset of any kind, and such
Loan Party ratifies and reaffirms the validity, enforceability and binding
nature of such Obligations. The Borrower acknowledges and agrees that nothing in
this Amendment shall constitute an indication of the Lenders’ willingness to
consent to any other amendment or waiver of any other provision of the Credit
Agreement or a waiver of any Default or Event of Default not referenced in
Section 3 hereof or for any other time period.
     5.7 Headings. Section headings used in this Amendment are for convenience
of reference only, are not part of this Amendment and are not to affect the
constructions of, or to be taken into consideration in interpreting, this
Amendment.

 

--------------------------------------------------------------------------------

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed as of the day and the year first written.

            BORROWER:

CALPINE CORPORATION
      By:   /s/ Eric N. Pryor         Name:   Eric N. Pryor        Title:      
 

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  AMELIA ENERGY CENTER, LP
 
  ANACAPA LAND COMPANY, LLC
 
  ANDERSON SPRINGS ENERGY COMPANY
 
  ANDROSCOGGIN ENERGY, INC.
 
  AUBURNDALE PEAKER ENERGY CENTER, LLC
 
  AUGUSTA DEVELOPMENT COMPANY, LLC
 
  AVIATION FUNDING CORP.
 
  BAYTOWN ENERGY CENTER, LP
 
  BAYTOWN POWER GP, LLC
 
  BAYTOWN POWER, LP
 
  BELLINGHAM COGEN, INC.
 
  BETHPAGE FUEL MANAGEMENT INC.
 
  BLUE HERON ENERGY CENTER, LLC
 
  BLUE SPRUCE HOLDINGS, LLC
 
  BROAD RIVER ENERGY LLC
 
  BROAD RIVER HOLDINGS, LLC
 
  CALGEN EQUIPMENT FINANCE COMPANY, LLC
 
  CALGEN EQUIPMENT FINANCE HOLDINGS, LLC
 
  CALGEN EXPANSION COMPANY, LLC
 
  CALGEN FINANCE CORPORATION
 
  CALGEN PROJECT EQUIPMENT FINANCE COMPANY ONE, LLC
 
  CALGEN PROJECT EQUIPMENT FINANCE COMPANY THREE, LLC
 
  CALGEN PROJECT EQUIPMENT FINANCE COMPANY TWO, LLC
 
  CALPINE ACADIA HOLDINGS, LLC
 
  CALPINE ADMINISTRATIVE SERVICES COMPANY, INC.
 
  CALPINE AGNEWS, INC.
 
  CALPINE AMELIA ENERGY CENTER GP, LLC
 
  CALPINE AMELIA ENERGY CENTER LP, LLC
 
  CALPINE AUBURNDALE HOLDINGS, LLC
 
  CALPINE BAYTOWN ENERGY CENTER GP, LLC

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  CALPINE BAYTOWN ENERGY CENTER LP, LLC
 
  CALPINE BETHPAGE 3 PIPELINE CONSTRUCTION COMPANY, INC.
 
  CALPINE BETHPAGE 3, LLC
 
  CALPINE C*POWER, INC.
 
  CALPINE CALGEN HOLDINGS, INC.
 
  CALPINE CALIFORNIA DEVELOPMENT COMPANY, LLC
 
  CALPINE CALIFORNIA ENERGY FINANCE, LLC
 
  CALPINE CALIFORNIA EQUIPMENT FINANCE COMPANY, LLC
 
  CALPINE CALISTOGA HOLDINGS, LLC
 
  CALPINE CENTRAL TEXAS GP, INC.
 
  CALPINE CENTRAL, INC.
 
  CALPINE CENTRAL, L.P.
 
  CALPINE CENTRAL-TEXAS, INC.
 
  CALPINE CHANNEL ENERGY CENTER GP, LLC
 
  CALPINE CHANNEL ENERGY CENTER LP, LLC
 
  CALPINE CLEAR LAKE ENERGY GP, LLC
 
  CALPINE CLEAR LAKE ENERGY, LP
 
  CALPINE COGENERATION CORPORATION
 
  CALPINE CONSTRUCTION MANAGEMENT COMPANY, INC.
 
  CALPINE CORPUS CHRISTI ENERGY GP, LLC
 
  CALPINE CORPUS CHRISTI ENERGY, LP
 
  CALPINE DECATUR PIPELINE, INC.
 
  CALPINE DECATUR PIPELINE, L.P.
 
  CALPINE DIGHTON, INC.
 
  CALPINE EAST FUELS, INC.
 
  CALPINE EASTERN CORPORATION
 
  CALPINE ENERGY SERVICES HOLDINGS, INC.
 
  CALPINE ENERGY SERVICES, LP
 
  CALPINE FINANCE COMPANY
 
  CALPINE FREESTONE ENERGY GP, LLC
 
  CALPINE FREESTONE ENERGY, LP

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  CALPINE FREESTONE, LLC
 
  CALPINE FUELS CORPORATION
 
  CALPINE GAS HOLDINGS, LLC
 
  CALPINE GENERATING COMPANY, LLC
 
  CALPINE GEYSERS COMPANY, L.P.
 
  CALPINE GILROY 1, INC.
 
  CALPINE GILROY 2, INC.
 
  CALPINE GILROY COGEN, L.P.
 
  CALPINE GLOBAL SERVICES COMPANY, INC.
 
  CALPIRIE GORDONSVILLE GP HOLDINGS, LLC
 
  CALPINE GORDONSVILLE LP HOLDINGS, LLC
 
  CALPINE GORDONSVILLE, LLC
 
  CALPINE GREENLEAF HOLDINGS, INC.
 
  CALPINE GREENLEAF, INC.
 
  CALPINE HIDALGO DESIGN, L.P.
 
  CALPINE HIDALGO ENERGY CENTER, L.P.
 
  CALPINE HIDALGO HOLDINGS, INC.
 
  CALIPNE HIDALGO POWER GP, LLC
 
  CALPINE HIDALGO POWER, LP
 
  CALPINE HIDALGO, INC.
 
  CALPINE INTERNATIONAL HOLDINGS, INC.
 
  CALPINE INTERNATIONAL, LLC
 
  CALPINE INVESTMENT HOLDINGS, LLC
 
  CALPINE KENNEDY AIRPORT, INC.
 
  CALPINE KENNEDY OPERATORS INC.
 
  CALPINE KIA, INC.
 
  CALPINE LEASING INC.
 
  CALPINE LONG ISLAND, INC.
 
  CATPTNE LOST PINES OPERATIONS, INC.
 
  CALPINC LOUISIANA PIPELINE COMPANY
 
  CALPINE MAGIC VALLEY PIPELINE, INC.
 
  CALPINE MONTEREY COGENERATION, INC.
 
  CALPINE MVP, INC.

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  CALPINE NCTP GP, LLC
 
  CALPINE NCTP, LP
 
  CALPINE NORTHBROOK CORPORATION OF MAINE, INC.
 
  CALPINE NORTHBROOK ENERGY HOLDING, LLC
 
  CALPINE NORTHBROOK ENERGY, LLC
 
  CALPINE NORTHBROOK HOLDINGS CORPORATION
 
  CALPINE NORTHBROOK INVESTORS, LLC
 
  CALPINE NORTHBROOK PROJECT HOLDINGS, LLC
 
  CALPINE NORTHBROOK SERVICES, LLC
 
  CALPINE NORTHBROOK SOUTHCOAST INVESTORS, LLC
 
  CALPINE NTC, LP
 
  CALPINE ONETA POWER I, LLC
 
  CALPINE ONETA POWER II LLC
 
  CALPINE ONETA POWER, L.P.
 
  CALPINE OPERATING SERVICES COMPANY, INC.
 
  CALPINE OPERATIONS MANAGEMENT COMPANY, INC.
 
  CALPINE PASTORIA HOLDINGS, LLC
 
  CALPINE PHILADELPHIA, INC.
 
  CALPINE PITTSBURG, LLC
 
  CALPINE POWER COMPANY
 
  CALPINE POWER EQUIPMENT LP
 
  CALPINE POWER MANAGEMENT, INC.
 
  CALPINE POWER MANAGEMENT, LP
 
  CALPINE POWER SERVICES, INC
 
  CALPINE POWER, INC.
 
  CALPINE POWERAMERICA, INC.
 
  CALPINE POWERAMERICA — CA, LLC
 
  CALPINE POWERAMERICA — CT, LLC
 
  CALPINE POWERAMERICA — MA, LLC
 
  CALPINE POWERAMERICA — ME, LLC
 
  CALPINE POWERAMERICA — NH, LLC
 
  CALPINE POWERAMERICA — NY, LLC
 
  CALPINE POWERAMERICA — OR, LLC
 
  CALPINE POWERAMERICA, LP
 
  CALPINE PRODUCER SERVICES, L.P.

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  CALPINE PROJECT HOLDINGS, INC.
 
  CALPINE PRYOR, INC.
 
  CALPINE RUMFORD I, INC.
 
  CALPINE RUMFORD, INC.
 
  CALPINE SCHUYLKILL, INC.
 
  CALPINE SISKIYOU GEOTHERMAL PARTNERS, L.P.
 
  CALPINE SONORAN PIPELINE LLC
 
  CALPINE STONY BROOK, INC.
 
  CALPINE STONY BROOK OPERATORS, INC.
 
  CALPINE STONY BROOK POWER MARKETING, LLC
 
  CALPINE SUMAS, INC.
 
  CALPINE TCCL HOLDINGS, INC.
 
  CALPINE TEXAS PIPELINE GP, INC.
 
  CALPINE TEXAS PIPELINE LP, INC.
 
  CALPINE TEXAS PIPELINE, L.P.
 
  CALPINE TIVERTON 1, INC.
 
  CALPINE TIVERTON, INC.
 
  CALPINE ULC I HOLDING, LLC
 
  CALPINE UNIVERSITY POWER, INC.
 
  CALPINE UNRESTRICTED FUNDING, LLC
 
  CALPINE UNRESTRICTED HOLDINGS, LLC
 
  CALPINE VAPOR, INC.
 
  CARVILLE ENERGY LLC
 
  CCFC DEVELOPMENT COMPANY, LLC
 
  CCFC EQUIPMENT FINANCE COMPANY, LLC
 
  CCFC PROJECT EQUIPMENT FINANCE COMPANY ONE, LLC
 
  CES GP, LLC
 
  CGC DIGHTON, LLC
 
  CHANNEL ENERGY CENTER, LP
 
  CHANNEL POWER GP, LLC
 
  CHANNEL POWER, LP
 
  CLEAR LAKE COGENERATION LIMITED PARTNERSHIP
 
  COGENAMERICA ASIA INC.
 
  COGENAMERICA PARLIN SUPPLY CORP.
 
  COLUMBIA ENERGY LLC
 
  CORPUS CHRISTI COGENERATION

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  L.P.
 
  CPN 3RD TURBINE, INC.
 
  CPN ACADIA, INC.
 
  CPN BERKS GENERATION, INC,
 
  CPN BERKS, LLC
 
  CPN BETHPAGE 3RD TURBINE, INC.
 
  CPN CASCADE, INC.
 
  CPN CLEAR LAKE, INC.
 
  CPN DECATUR PIPELINE, INC.
 
  CPN ENERGY SERVICES GP, INC.
 
  CPN ENERGY SERVICES LP, INC.
 
  CPN FREESTONE, LLC
 
  CPN FUNDING, INC.
 
  CPN MORRIS, INC.
 
  CPN OXFORD, INC.
 
  CPN PIPELINE COMPANY
 
  CPN PLEASANT HILL OPERATING, LLC
 
  CPN PLEASANT HILL, LLC
 
  CPN POWER SERVICES GP, LLC
 
  CPN PRYOR FUNDING CORPORATION
 
  CPN TELEPHONE FLAT, INC.
 
  DECATUR ENERGY CENTER, LLC
 
  DEER PARK POWER GP, LLC
 
  DEER PARK POWER, LP
 
  DELTA ENERGY CENTER, LLC
 
  DIGHTON POWER ASSOCIATES LIMITED PARTNERSHIP
 
  EAST ALTAMONT ENERGY CENTER, LLC
 
  FOND DU LAC ENERGY CENTER, LLC
 
  FONTANA ENERGY CENTER, LLC
 
  FREESTONE POWER GENERATION, LP
 
  FREESTONE POWER GENERATION, LP
 
  GEC BETHPAGE INC.
 
  GEOTHERMAL ENERGY PARTNERS LLC
 
  GEYSERS POWER COMPANY II, LLC
 
  GEYSERS POWER COMPANY, LLC
 
  GEYSERS POWER I COMPANY
 
  GOLDENDALE ENERGY CENTER, LLC
 
  HAMMOND ENERGY LLC
 
  HILLABEE ENERGY CENTER, LLC
 
  IDELWILD FUEL MANAGEMENT CORP.

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  JMC BETHPAGE, INC.
 
  KIAC PARTNERS
 
  LAKE WALES ENERGY CENTER, LLC
 
  LAWRENCE ENERGY CENTER, LLC
 
  LONE OAK ENERGY CENTER, LLC
 
  LOS ESTEROS CRITICAL ENERGY FACILITY, LLC
 
  LOS MEDANOS ENERGY CENTER LLC
 
  MAGIC VALLEY GAS PIPELINE GP, LLC
 
  MAGIC VALLEY GAS PIPELINE, LP
 
  MAGIC VALLEY PIPELINE, L.P.
 
  MEP PLEASANT HILL, LLC
 
  MOAPA ENERGY CENTER, LLC
 
  MOBILE ENERGY LLC
 
  MODOC POWER, INC.
 
  MORGAN ENERGY CENTER, LLC
 
  MOUNT HOFFMAN GEOTHERMAL COMPANY, L.P.
 
  MT. VERNON ENERGY LLC
 
  NEWSOUTH ENERGY LLC
 
  NISSEQUOGUE COGEN PARTNERS
 
  NORTHWEST COGENERATION, INC.
 
  NTC FIVE, INC.
 
  NTC GP, LLC
 
  NUECES BAY ENERGY LLC
 
  O.L.S. ENERGY-AGNEWS, INC.
 
  ODYSSEY LAND ACQUISITION COMPANY
 
  PAJARO ENERGY CENTER, LLC
 
  PASTORIA ENERGY CENTER, LLC
 
  PASTORIA ENERGY FACILITY, LLC
 
  PHILADELPHIA BIOGAS SUPPLY, INC.
 
  PHIPPS BEND ENERGY CENTER, LLC
 
  PINE BLUFF ENERGY, LLC
 
  POWER INVESTORS, L.L.C.
 
  QUINTANA CANADA HOLDINGS, LLC
 
  ROCKGEN ENERGY LLC
 
  RUMFORD POWER ASSOCIATES LIMITED PARTNERSHIP
 
  RUSSELL CITY ENERGY CENTER, LLC
 
  SAN JOAQUIN VALLEY ENERGY CENTER, LLC
 
  SILVERADO GEOTHERMAL RESOURCES, INC.

 

--------------------------------------------------------------------------------

 

          GUARANTORS:
 
  SKIPANON NATURAL GAS, LLC
 
  SOUTH POINT ENERGY CENTER, LLC
 
  SOUTH POINT HOLDINGS, LLC
 
  STONY BROOK COGENERATION, INC.
 
  STONY BROOK FUEL MANAGEMENT CORP.
 
  SUTTER DRYERS, INC.
 
  TBG COGEN PARTNERS
 
  TEXAS CITY COGENERATION, L.P.
 
  TEXAS COGENERATION COMPANY
 
  TEXAS COGENERATION FIVE, INC.
 
  TEXAS COGENERATION ONE COMPANY
 
  THERMAL POWER COMPANY
 
  THOMASSEN TURBINE SYSTEMS AMERICA, INC.
 
  TIVERTON POWER ASSOCIATES LIMITED PARTNERSHIP
 
  TOWANTIC ENERGY, L.L.C.
 
  VEC HOLDINGS, LLC
 
  VENTURE ACQUISITION COMPANY
 
  VINEYARD ENERGY CENTER, LLC
 
  WAWAYANDA ENERGY CENTER, LLC
 
  WHATCOM COGENERATION PARTNERS, L.P.
 
  ZION ENERGY LLC

            By:   /s/ Eric N. Pryor         Name:   Eric N. Pryor       
Title:      

 

--------------------------------------------------------------------------------

 

            CPN POWER SERVICES, LP
      By:   /s/ Eric N. Pryor         Name:           Title:      

 

--------------------------------------------------------------------------------

 

            POWER SYSTEMS MFG., LLC
      By:   /s/ Charles B. Clark, Jr.         Name:           Title:      

 

--------------------------------------------------------------------------------

 

            AGENTS AND LENDERS:

DEUTSCHE BANK TRUST COMPANY AMERICAS, as an Administrative Agent and as a Lender
 
      By:   /s/ Marcus M. Tarkington         Name:   Marcus M. Tarkington       
Title:   Director     

            By:   /s/ Steven A. Cohen         Name:   Steven A. Cohen       
Title:   Director   

 

--------------------------------------------------------------------------------

 

            CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as an
Administrative Agent and as a Lender
      By:   /s/ James Moran         Name:   James Moran        Title:   Managing
Director     

            By:   /s/ Dana F. Klein         Name:   Dana F. Klein       
Title:   Managing Director   

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Blue Mountain CLO I

            By:   /s/ [Illegible]         Name:           Title:        

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty Advisors, LLC as Collateral Manager for Castle Hill II – INGOTS, Ltd.,
as Term Lender

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GENERAL PARTNER:
TCW BASS LAKE PARTNERS, LLC. as General Partner
TCW ASSET MANAGEMENT COMPANY its Managing Member

            By:   /s/ Melissa V. Weiler         Name:   Melissa V. Weiler       
Title:   Managing Directo     

            By:   /s/ Craig J. Rethmeyer         Name:   Craig J. Rethmeyer     
  Title:   Senior Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TCW Senior Secured Floating Rate Loan Fund, L.P. By: TCW Advisors, Inc., as its
Investment Advisor

            By:   /s/ Wayne Hosang         Name:   G. Wayne Hosang       
Title:   Vice President     

            By:   /s/ Vikas Mavinkurve         Name:   Vikas Mavinkurve       
Title:   Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TRS BRUIN LLC

            By:   /s/ Deirdre Whorton         Name:   Deirdre Whorton       
Title:   Assistant Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TRS VENOR LLC

            By:   /s/ Deirdre Whorton         Name:   Deirdre Whorton       
Title:   Assistant Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
[Illegible]

            By:   /s/ W. C. Pappas         Name:   W. C. Pappas        Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
[Illegible]

            By:   /s/ W. C. Pappas         Name:   W. C. Pappas        Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
[Illegible]

            By:   /s/ W. C. Pappas         Name:   W. C. Pappas        Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
[Illegible]

            By:   /s/ W. C. Pappas         Name:   W. C. Pappas        Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
[Illegible]

            By:   /s/ W. C. Pappas         Name:   W. C. Pappas        Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
[Illegible] Capital Partners [Illegible] LP

            By:   /s/ Jon Jackson         Name:   Jon Jackson        Title:  
Principal   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
ARES ENHANCED LOAN INVESTMENT STRATEGY, LTD.

By:   Ares Enhanced Loan Management, L.P.,
Investment Manager

By:   Ares Enhanced Loan GP, LLC
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
ARES ENHANCED LOAN INVESTMENT STRATEGY II, LTD.

By:   Ares Enhanced Loan Management II, L.P.,
Investment Manager

By:   Ares Enhanced Loan GP II, LLC
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Ares X CLO, Ltd.

By:   Ares CLO Management X, L.P.,
Investment Manager

By:   Ares CLO GP X, LLC,
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Ares IIR CLO, Ltd.

By:   Ares CLO Management IIR, L.P.,
Investment Manager

By:   Ares CLO GP IIR, LLC,
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Ares VR CLO Ltd.

By:   Ares CLO Management VR, L.P.,
Investment Manager

By:   Ares CLO GP VR, LLC,
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Ares VIR CLO Ltd.

By:   Ares CLO Management VIR, L.P.,
Investment Manager

By:   Ares CLO GP VIR, LLC,
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Ares VIII CLO Ltd.

By:   Ares CLO Management VIII, L.P.,
Investment Manager

By:   Ares CLO GP VIII, LLC,
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Ares IX CLO Ltd.

By:   Ares CLO Management IX, L.P.,
Investment Manager

By:   Ares CLO GP IX, LLC,
Its General Partner

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CONFLUENT 2 LIMITED
By: Ares Private Account Management I, L.P., as Sub-Manager
By: Ares Private Account Management I GP, LLC, as General Partner
By: Ares Management LLC, as Manager

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Venor Capital Master Fund Ltd.

            By:   /s/ Michael Wartell         Name:   Michael Wartell       
Title:   Principal   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TRS CALLISTO LLC

            By:   /s/ Deirdre Whorton         Name:   Deirdre Whorton       
Title:   Assistant Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
HSH Nordbank, New York Branch

            By:   /s/ Steven Pottle         Name:   Steven Pottle       
Title:   Vice President     

            By:   /s/ [Illegible}         Name:   Jack [Illegible]       
Title:   Senior Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FALL CREEK CLO, Ltd.

            By:   /s/ Thomas N. Davis         Name:   Thomas N. Davis       
Title:   Authorized Signor   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
EAGLE CREEK CLO, Ltd.

            By:   /s/ Thomas N. Davis         Name:   Thomas N. Davis       
Title:   Authorized Signor   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Citibank, N.A.

            By:   /s/ Deborah R. Clark         Name:   Deborah R. Clark       
Title:   Attorney-in-Fact   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AIMCO CLO, Series 2005-A

            By:   /s/ Breege A. Farrell         Name:   Breege A. Farrell       
Title:   Authorized Signatory     

            By:   /s/ Jerry D. Zinkula         Name:   Jerry D. Zinkula       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AIMCO CLO, Series 2005-A

            By:   /s/ Breege A. Farrell         Name:   Breege A. Farrell       
Title:   Authorized Signatory     

            By:   /s/ Jerry D. Zinkula         Name:   Jerry D. Zinkula       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
LATITUDE CLO II, LTD.

            By:   /s/ Chauncey F. Lufkin, III         Name:   Chauncey F.
Lufkin, III        Title:   Chief Investment Officer   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
KC CLO II PLC

            By:   /s/ [Illegible]         Name:   [Illegible]        Title:  
Vice President     

            By:   /s/ Steve Martin         Name:   Steve Martin        Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
MERRILL LYNCH CREDIT PRODUCTS, LLC

            By:   /s/ Neyda Darias         Name:   Neyda Darias        Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
OCM High Yield Plus Fund, L.P.

By:   OCM High Yield Plus Fund GP, LLC

Its:   General Partner

               By:        Oaktree Capital Management, LLC

               Its:        Managing Member

            By:   /s/ [Illegible]         Name:           Title:        

            By:   /s/ Richard Ting         Richard Ting        Title:   Senior
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Stedman CBNA Loan Funding LLC, for itself or as agent for Stedman CFPI Loan
Funding LLC.

            By:   /s/ Mikus N. Kins         Name:   Mikus N. Kins       
Title:   Attorney-in-fact   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Trumbull THC2 Loan Funding LLC, for itself or as agent for Trumbull THC2 CFPI
Loan Funding LLC.

            By:   /s/ Mikus N. Kins         Name:   Mikus N. Kins       
Title:   Attorney-in-fact   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Atrium CDO

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Atrium III

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Atrium V

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CSAM Funding I

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CSAM Funding II

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CSAM Funding III

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CSAM Funding IV

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CS Credit Strategies

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Madison Park Funding II

            By:   /s/ David H. Lerner         Name:   David H. Lerner       
Title:   Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Atlas Loan Funding (Hartford), LLC
By: Atlas Capital Funding, Ltd.
By: Structured Asset Investors, LLC
Its Investment Manager

            By:   /s/ Diana M. Himes         Name:   Diana M. Himes       
Title:   Associate   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AVENUE CLO III, LIMITED

            By:   /s/ Richard D’Addario         Name:   Richard D’Addario       
Title:   Senior Portfolio Manager   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AVENUE CLO II, LIMITED

            By:   /s/ Richard D’Addario         Name:   Richard D’Addario       
Title:   Senior Portfolio Manager   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GLC CDO I, Ltd.
By: Global Leveraged Capital Management, LLC, as Collateral Manager

            By:   /s/ Michael Ferris         Name:   Michael Ferris       
Title:   Principal   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AG

            By:   /s/ Bryan J. Lynch         Name:   Bryan J. Lynch       
Title:   First Vice President     

            By:   /s/ Patrick W. Kunkel         Name:   Patrick W. Kunkel       
Title:   Director   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CREDIT SUISSE, Cayman Islands Branch

            By:   /s/ Dana F. Klein         Name:   Dana F. Klein       
Title:   Managing Director     

 

                        /s/ Barry Zamore                   Barry Zamore     
            Managing Director     

 

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
The Hartford Mutual Funds, Inc., on behalf of the Hartford Floating Rate Fund by
Hartford Investment Management Company, its sub-advisor, as a lender,

            By:   /s/ John P. Connor         Name:   John P. Connor       
Title:   Senior Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AZURE Funding

            By:   /s/ Eugene Caraus         Name:   Eugene Caraus       
Title:   Attorney-in-fact   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
RCG CARPATHIA
MASTER FUND, LTD

            By:   /s/ Morgan Stark         Name:   Morgan Stark        Title:  
Managing Member   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Grand Central Asset Trust, DHV Series

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TRICAP MANAGEMENT LIMITED:

            By:   /s/ Joseph Freedman         Name:   Joseph Freedman       
Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
LANDESBANK HESSEN-THURINGEN
GIROZENTRALE, NEW YORK BRANCH:

            By:   /s/ Erica A. Egan         Name:   Erica A. Egan       
Title:   Vice President
Corporate Finance Division Structured Finance Dept.     

            By:   /s/ David A. Leech         Name:   David A. Leech       
Title:   Senior Vice President
Manager, Corporate Finance Corporate
Finance Division   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
PUTNAM FLOATING RATE INCOME FUND

            By:   /s/ See Following Page         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

                    PUTNAM FLOATING RATE INCOME FUND
      By:   /s/ Beth Mazor         Name:   Beth Mazor        Title:   V.P.   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
PUTNAM BANK LOAN FUND (CAYMAN)
MASTER FUND

            By:   /s/ See Following Page         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

PUTNAM BANK LOAN FUND (CAYMAN)
MASTER FUND, a series of the PUTNAM
OFFSHORE MASTER SERIES TRUST,
by The Putnam Advisory Company, LLC

     
/s/ Angela Patel
   
 
Name: Angela Patel
   
Title: Vice President
   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BOSTON HARBOR CLO 2004-1, LTD.

            By:   /s/ See Following Page         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

              BOSTON HARBOR CLO 2004-1, LTD.
      By:   /s/ Beth Mazor         Name:   Beth Mazor        Title:   V.P.   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CONFLUENT 4 LIMITED

            By:   /s/ See Following Page         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

LENDER:
CONFLUENT 4 LIMITED,
As Lender

 
 

By:   Loomis, Sayles & Company, L.P.,
As Sub-Manager

By:   Loomis, Sayles & Company, Incorporated,
Its General Partner

              By:   /s/ Kevin J. Perry         Name:   Kevin J. Perry       
Title:   Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FORE CONVERTIBLE MASTER FUND, Ltd

            By:   /s/ [Illegible]         Name:   [Illegible]        Title:  
Assistant Secretary   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FORE MULTI STRATEGY MASTER FUND, Ltd

            By:   /s/ [Illegible]         Name:   [Illegible]        Title:  
Assistant Secretary   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FORE ERISA FUND, Ltd

            By:   /s/ [Illegible]         Name:   [Illegible]        Title:  
Assistant Secretary   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
MAN MAC I, Ltd

            By:   /s/ [Illegible]         Name:   [Illegible]        Title:  
Chief Portfolio Manager
Fore Research & Management, LP
Acting on behalf of MAN MAC I, Ltd   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
___Fortress Credit Investments I LTD.

            By:   /s/ Marc K. Furstein         Name:   Marc K. Furstein       
Title:   Chief Operating Officer   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
___Fortress Credit Investments II LTD.

            By:   /s/ Marc K. Furstein         Name:   Marc K. Furstein       
Title:   Chief Operating Officer   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
LightPoint CLO 2004-1, Ltd.
Premium Loan Trust I, Ltd.
LightPoint CLO III, Ltd.
LightPoint CLO IV, Ltd.

            By:   /s/ Colin Donlan         Name:   Colin Donlan        Title:  
Director   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BLACK DIAMOND CLO 2005-1 LTD.
By: Black Diamond Capital Management, L.L.C.
as its Collateral Manager

            By:   /s/ James J. Zenni, Jr.         Name:   James J. Zenni, Jr.   
    Title:   President & Managing Partner
Black Diamond Capital Management, L.L.C.   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BLACK DIAMOND CLO 2005-2 LTD.
By: Black Diamond Capital Management, L.L.C.
as its Collateral Manager

            By:   /s/ James J. Zenni, Jr.         Name:   James J. Zenni, Jr.   
    Title:   President & Managing Partner
Black Diamond Capital Management, L.L.C.   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BLACK DIAMOND CLO 2006-1 (CAYMAN) LTD.
By: Black Diamond Capital Management, L.L.C.
as its Collateral Manager

            By:   /s/ James J. Zenni, Jr.         Name:   James J. Zenni, Jr.   
    Title:   President & Managing Partner
Black Diamond Capital Management, L.L.C.   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BLACK DIAMOND INTERNATIONAL FUNDING LTD

            By:   /s/ [Illegible]         Name:           Title:      

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Classic Cayman B.D. Limited:

            By:   /s/ Daniel Conlon         Name:   Daniel Conlon       
Title:   Authorized Signatory     

            By:   /s/ Janet Wolff         Name:   Janet Wolff        Title:  
Authorized Signatory   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Luminus Energy Partners Master Fund, Ltd.:

            By:   /s/ Paul Segal         Name:   Paul Segal        Title:  
Director   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Farrington Capital, LP:

            By:   /s/ Paul Segal         Name:   Paul Segal        Title:  
President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Malibu CBNA Loan Funding LLC, for itself or as agent for Malibu CFPI Loan
Funding LLC

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TRS IO LLC

            By:   /s/ Alice L. Wagner         Name:   Alice L. Wagner       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
SENIOR DEBT PORTFOLIO

By:        Boston Management and Research
as Investment Advisor

            By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof     
  Title:   Vice President   

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
EATON VANCE INSTITUTIONAL SENIOR LOAN FUND

By:        Eaton Vance Management
as Investment Advisor

            By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof     
  Title:   Vice President   

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GRAYSON & CO

By:         Boston Management and Research
as Investment Advisor

            By:   /s/ Michael B. Botthof         Name:   Michael B. Botthof     
  Title:   Vice President   

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GENERAL ELECTRIC CAPITAL CORPORATION

            By:   /s/ Ali Mirza         Name:   Ali Mirza        Title:   Vice
President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
SOL Loan Funding LLC for itself or as agent for SOL2 Loan Funding LLC

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Carlyle Loan Investment, Ltd.

            By:   /s/ Mark Alter         Name:   Mark Alter        Title:  
Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AG Alpha Credit Master, Ltd.

By:        Angelo, Gordon & Co., L.P.
as Investment Manager

            By:   /s/ Michael Gordon         Name:   Michael Gordon       
Title:        

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:

            By:   /s/ Mark A. Brostowski         Name:   Mark A. Brostowski     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Stone Tower CLO IV Ltd.
By: Stone Debt Advisors LLC, as its Collateral Manager

            By:   /s/ Michael W. Delpercio         Name:   Michael W. Delpercio 
      Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Stone Tower CLO II Ltd.
By: Stone Debt Advisors LLC, as its Collateral Manager

            By:   /s/ Michael W. Delpercio         Name:   Michael W. Delpercio 
      Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Granite Ventures I Ltd.
By: Stone Debt Advisors LLC, as its Collateral Manager

            By:   /s/ Michael W. Delpercio         Name:   Michael W. Delpercio 
      Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Stone Tower Credit Funding I Ltd.
By: Stone Debt Advisors LLC, as its Collateral Manager

            By:   /s/ Michael W. Delpercio         Name:   Michael W. Delpercio 
      Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BAYERISCHE LANDESBANK,
NEW YORK BRANCH

            By:   /s/ Norman McClave         Name:   Norman McClave       
Title:   First Vice President     

            By:   /s/ Stuart Schulman         Name:   Stuart Schulman       
Title:   Senior Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Wells Capital Management
for Silverado CLO 2006-I

            By:   /s/ Philip Sosser         Name:   Philip Sosser       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Wells Capital Management
for account #13823100

            By:   /s/ Philip Sosser         Name:   Philip Sosser       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Wells Capital Management
for account #15605400
(Vulcan Ventures)

            By:   /s/ Philip Sosser         Name:   Philip Sosser       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Wells Capital Management
for account #16463700

            By:   /s/ Philip Sosser         Name:   Philip Sosser       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Wells Capital Management
for account #18866500

            By:   /s/ Philip Sosser         Name:   Philip Sosser       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CREDIT GENESIS CLO 2005-1 LTD

            By:   /s/ [Illegible]         Name:           Title:        

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
DURHAM ACQUISITION CO., LLC

            By:   /s/ [Illegible]         Name:           Title:        

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BEAR STEARNS CREDIT PRODUCTS INC.

            By:   /s/ Alexander Maldutis         Name:   Alexander Maldutis     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BEAR STEARNS INVESTMENT PRODUCTS INC.

            By:   /s/ Jonathan Weiss         Name:   Jonathan Weiss       
Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Kingsland II, Ltd.

            By:   /s/ Vincent Suno         Name:   Vincent Suno        Title:  
Authorized Officer
Kingsland Capital Management, LLC
as Manager     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Kingsland III, Ltd.

            By:   /s/ Vincent Suno         Name:   Vincent Suno        Title:  
Authorized Officer
Kingsland Capital Management, LLC
as Manager     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
RESTORATION HOLDINGS LTD

            By:   /s/ Pamela M. Lawrence         Name:   Pamela M. Lawrence     
  Title:   Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Union Bank of California, N.A.

            By:   /s/ Bryan Read         Name:   Bryan Read        Title:   Vice
President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FIELD POINT II, LTD.

            By:   /s/ Richard Petrill         Name:   Richard Petrill       
Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FIELD POINT III, LTD.

            By:   /s/ Richard Petrill         Name:   Richard Petrill       
Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
ENDURANCE CLO I, LTD
C/o West Gate Horizons Advisors LLC,
As Portfolio Manager

            By:   /s/ Gordon R. Cook         Name:   Gordon R. Cook       
Title:   Senior Credit Analyst   

 
WG Horizons CLO I
By: West Gate Horizons Advisors LLC,
as Manager

            By:   /s/ Gordon R. Cook         Name:   Gordon R. Cook       
Title:   Senior Credit Analyst     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
THE FOOTHILL GROUP, INC.

            By:   /s/ Dennis R. Ascher         Name:   Dennis R. Ascher       
Title:   Sr. V.P.     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
NATIONWIDE LIFE INSURANCE COMPANY:

            By:   /s/ Wayne T. Frisbee         Name:   Wayne T. Frisbee       
Title:   Vice President – Portfolio Management     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
NATIONWIDE LIFE AND ANNUITY INSURANCE COMPANY:

            By:   /s/ Wayne T. Frisbee         Name:   Wayne T. Frisbee       
Title:   Vice President – Portfolio Management     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
NACM CLO I:

            By:   /s/ Joanna Willers         Name:   Joanna Willers       
Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Grand Central Asset Trust, Single Name Series

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Grand Central Asset Trust, KMT Series

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Yorkville CBNA Loan Funding LLC, for itself or as agent for Yorkville CFPI Loan
Funding LLC

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Halcyon Fund, L.P.
By: Halcyon Asset Management LLC, Its Investment Manager

            By:   /s/ James Pasquarelli         Name:   James Pasquarelli       
Title:   Chief Financial Officer     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Halcyon Structured Asset Management Long Secured/Short Unsecured CLO I Ltd.
By: HALCYON STRUCTURED ASSET MANAGEMENT L.P., as Collateral Manager
By: Halcyon Structured Asset Management LLC, its sole general partner

            By:   /s/ James Pasquarelli         Name:   James Pasquarelli       
Title:   Chief Financial Officer     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Halcyon Structured Asset Management Long Secured/Short Unsecured CLO II Ltd.
By: HALCYON STRUCTURED ASSET MANAGEMENT L.P., as Collateral Manager
By: Halcyon Structured Asset Management LLC, its sole general partner

            By:   /s/ James Pasquarelli         Name:   James Pasquarelli       
Title:   Chief Financial Officer     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
SOF INVESTMENTS, L.P.

            By:   /s/ Marc R. Lisker         Name:   Marc R. Lisker       
Title:   Manager and General Counsel     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
WIND RIVER CLO I LTD.
By McDonnell Investment Management, LLC, as Manager

            By:   /s/ Kathleen A. Zam         Name:   Kathleen A. Zam       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
WIND RIVER CLO II – TATE INVESTORS, LTD.
By McDonnell Investment Management, LLC, as Manager

            By:   /s/ Kathleen A. Zam         Name:   Kathleen A. Zam       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
MCDONNELL LOAN OPPORTUNITY LTD.
By McDonnell Investment Management, LLC, as Manager

            By:   /s/ Kathleen A. Zam         Name:   Kathleen A. Zam       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TCW Senior Secured Loan Fund, LP
By: TCW Advisors, Inc., as its Investment Advisor

            By:   /s/ G. Wayne Hosang         Name:   G. Wayne Hosang       
Title:   Vice President     

            By:   /s/ Vikas Mavinkurve         Name:   Vikas Mavinkurve       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FIRST 2004-II CLO, LTD.
By: TCW Advisors, Inc., as its Collateral Manager

            By:   /s/ G. Wayne Hosang         Name:   G. Wayne Hosang       
Title:   Vice President     

            By:   /s/ Vikas Mavinkurve         Name:   Vikas Mavinkurve       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
LOAN FUNDING I LLC,
a wholly owned subsidiary of Citibank, N.A.
By: TCW Advisors, Inc.,
as Portfolio Manager of Loan Funding I LLC

            By:   /s/ G. Wayne Hosang         Name:   G. Wayne Hosang       
Title:   Vice President     

            By:   /s/ Vikas Mavinkurve         Name:   Vikas Mavinkurve       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
TCW SELECT LOAN FUND, LIMITED
By: TCW Advisors, Inc., as its Collateral Manager

            By:   /s/ G. Wayne Hosang         Name:   G. Wayne Hosang       
Title:   Vice President     

            By:   /s/ Vikas Mavinkurve         Name:   Vikas Mavinkurve       
Title:   Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Raven Credit Opportunities Master Fund, Ltd
by Raven Asset Management, LLC
as Investment Advisor

            By:   /s/ Kevin Gerlitz         Name:   Kevin Gerlitz       
Title:   CFO/COO     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
DUNES FUNDING LLC

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
JUPITER LOAN FUNDING LLC

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
PINEHURST TRADING, INC.

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
STANWICH LOAN FUNDING LLC

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Halcyon Fund, L.P.
By: Halcyon Asset Management LLC, Its Investment Manager

            By:   /s/ James Pasquarelli         Name:   James Pasquarelli       
Title:   Chief Financial Officer     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Halcyon Structured Asset Management
Long Secured/Short Unsecured CLO I Ltd.
By: HALCYON STRUCTURED ASSET MANAGEMENT L.P., as Collateral Manager
By: Halcyon Structured Asset Management LLC, its sole general partner

            By:   /s/ James Pasquarelli         Name:   James Pasquarelli       
Title:   Chief Financial Officer     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Halcyon Structured Asset Management
Long Secured/Short Unsecured CLO II Ltd.
By: HALCYON STRUCTURED ASSET MANAGEMENT L.P., as Collateral Manager
By: Halcyon Structured Asset Management LLC, its sole general partner

            By:   /s/ James Pasquarelli         Name:   James Pasquarelli       
Title:   Chief Financial Officer     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CONTINENTAL CASUALTY COMPANY

            By:   /s/ Marilou R. McGirr     Approved by Law Dept    Name:  
Marilou R. McGirr    By: MPL    Title:   Vice President and Assistant Treasurer
    Date: 5-3-06 

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GoldenTree 2004 Trust
By: GoldenTree Asset Management, LP

            By:   /s/ Karen Weber         Name:   Karen Weber        Title:  
Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GoldenTree High Yield Opportunities II, LP
By: GoldenTree Asset Management, LP

            By:   /s/ Karen Weber         Name:   Karen Weber        Title:  
Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GoldenTree Credit Opportunities Financing II, Limited
By: GoldenTree Asset Management, LP

            By:   /s/ Karen Weber         Name:   Karen Weber        Title:  
Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GoldenTree Credit Opportunities Financing I, Limited
By: GoldenTree Asset Management, LP

            By:   /s/ Karen Weber         Name:   Karen Weber        Title:  
Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
GoldenTree MultiStrategy Financing, Ltd
By: GoldenTree Asset Management, LP

            By:   /s/ Karen Weber         Name:   Karen Weber        Title:  
Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Citi GoldenTree, Ltd
By: GoldenTree Asset Management, LP

            By:   /s/ Karen Weber         Name:   Karen Weber        Title:  
Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Grand Central Asset Trust, BAS Series

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
RAINTREE TRADING LLC

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AVALON CAPITAL LTD. 3
By: INVESCO Senior Secured Management, Inc.
As Asset Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
BELHURST CLO LTD.
By: INVESCO Senior Secured Management, Inc.
As Collateral Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CHAMPLAIN CLO LTD.
By: INVESCO Senior Secured Management, Inc.
As Collateral Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CHARTER VIEW PORTFOLIO
By: INVESCO Senior Secured Management, Inc.
As Investment Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
DIVERSIFIED CREDIT PORTFOLIO LTD.
By: INVESCO Senior Secured Management, Inc.
As Investment Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AIM FLOATING RATE FUND
By: INVESCO Senior Secured Management, Inc.
As Sub-Adviser

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
KATONAH V, LTD.
By: INVESCO Senior Secured Management, Inc.
As Investment Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
LOAN FUNDING IX LLC, for itself or as agent for Corporate Loan Funding IX LLC
By: INVESCO Senior Secured Management, Inc.
As Portfolio Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
NAUTIQUE FUNDING LTD.
By: INVESCO Senior Secured Management, Inc.
As Collateral Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
SAGAMORE CLO LTD.
By: INVESCO Senior Secured Management, Inc.
As Collateral Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
SARATOGA CLO I, LIMITED
By: INVESCO Senior Secured Management, Inc.
As the Asset Manager

            By:   /s/ Thomas H. B. Ewald         Name:   Thomas H. B. Ewald     
  Title:   Authorized Signatory     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
SECURITY INCOME FUND-INCOME OPPORTUNITY SERIES
By: Four Corners Capital Management, LLC
As Sub-Adviser

            By:   /s/ Steven Columbaro         Name:   Steven Columbaro, CFA   
    Title:   Sr. Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FOUR CORNERS CLO 2005-I, Ltd.
By: Four Corners Capital Management, LLC
As Collateral Manager

            By:   /s/ Steven Columbaro         Name:   Steven Columbaro, CFA   
    Title:   Sr. Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FORTRESS PORTFOLIO TRUST
By: Four Corners Capital Management, LLC
As Investment Manager

            By:   /s/ Steven Columbaro         Name:   Steven Columbaro, CFA   
    Title:   Sr. Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
FIRST TRUST/FOUR CORNERS SENIOR FLOATING RATE INCOME FUND II
By: Four Corners Capital Management, LLC
As Sub-Adviser

            By:   /s/ Steven Columbaro         Name:   Steven Columbaro, CFA   
    Title:   Sr. Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
MACQUARIE/FIRST TRUST GLOBAL INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND
By: Four Corners Capital Management, LLC
As Sub-Adviser

            By:   /s/ Steven Columbaro         Name:   Steven Columbaro, CFA   
    Title:   Sr. Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
AUGUSTA TRADING LLC

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
IDS Life Insurance Company
By: RiverSource Investments, LLC as
Collateral Manager

            By:   /s/ Yvonne Stevens         Name:   Yvonne Stevens       
Title:   Senior Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Ameriprise Certificate Company
By: RiverSource Investments, LLC as
Collateral Manager

            By:   /s/ Yvonne Stevens         Name:   Yvonne Stevens       
Title:   Senior Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Centurion CDO II, Ltd.
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Centurion CDO VI, Ltd.
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Centurion CDO VII, Ltd.
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Centurion CDO 8, Limited
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Centurion CDO 9, Limited
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Cent CDO 10 Limited
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Cent CDO XI, Limited
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
RiverSource Floating Rate Fund
A Series of AXP Discovery Series, Inc.

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sequils-Centurion V, Ltd.
By: RiverSource Investments, LLC
as Collateral Manager

            By:   /s/ Robin C. Stancil         Name:   Robin C. Stancil       
Title:   Supervisor – Fixed Assets     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Highland Floating Rate Advantage Fund

            By:   /s/ Joe Dougherty         Name:   Joe Dougherty       
Title:   Senior Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Highland Floating Rate LLC

            By:   /s/ Joe Dougherty         Name:   Joe Dougherty       
Title:   Senior Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Highland Legacy Limited
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner

            By:   /s/ Chad Schramek         Name:   Chad Schramek       
Title:   Assistant Treasurer
Strand Advisors, Inc., General Partner of Highland Capital Management, L.P.     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Loan Funding IV LLC
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner

            By:   /s/ Chad Schramek         Name:   Chad Schramek       
Title:   Assistant Treasurer
Strand Advisors, Inc., General Partner of Highland Capital Management, L.P.     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Loan Funding VII LLC
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner

            By:   /s/ Chad Schramek         Name:   Chad Schramek       
Title:   Assistant Treasurer
Strand Advisors, Inc., General Partner of Highland Capital Management, L.P.     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Liberty CLO, Ltd.
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner

            By:   /s/ Chad Schramek         Name:   Chad Schramek       
Title:   Assistant Treasurer
Strand Advisors, Inc., General Partner of Highland Capital Management, L.P.     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Rockwall CDO LTD.
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner

            By:   /s/ Chad Schramek         Name:   Chad Schramek       
Title:   Assistant Treasurer
Strand Advisors, Inc., General Partner of Highland Capital Management, L.P.     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Highland Offshore Partners, L.P.
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner

            By:   /s/ Chad Schramek         Name:   Chad Schramek       
Title:   Assistant Treasurer
Strand Advisors, Inc., General Partner of Highland Capital Management, L.P.     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Bank of America, N.A.

            By:   /s/ Michael S. Roof         Name:   Michael S. Roof       
Title:   Vice-President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
HARBOUR TOWN FUNDING LLC

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Greenwich [Illegible], Ltd.

            By:   /s/ [Illegible]         Name:   [Illegible]        Title:  
MD     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Atlas Loan Funding (Navigator), LLC
By: Atlas Capital Funding, Ltd.
By: Structured Asset Investors, LLC
Its Investment Manager

            By:   /s/ Diana M. Himes         Name:   Diana M. Himes       
Title:   Associate     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
CYPRESSTREE CLAIF FUNDING LLC

            By:   /s/ Christina L. Ramseur         Name:   Christina L. Ramseur 
      Title:   Assistant Vice President     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty Advisors, LLC as Collateral
Manager for Castle Hill III CLO,
Limited, as Term Lender

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty Advisors, LLC as Collateral
Manager for Loan Funding XI LLC,
As Term Lender

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Chatham Light II CLO, Limited, by
Sankaty Advisors LLC, as Collateral Manger

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Katonah III, Ltd. by Sankaty
Advisors LLC as Sub-Advisors

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty Advisors, LLC as Collateral
Manager for Prospect Funding I,
LLC as Term Lender

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty Advisors, LLC as Collateral
Manager for Race Point CLO,
Limited, as Term Lender

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty Advisors, LLC as Collateral
Manager for Race Point III CLO,
Limited, as Term Lender

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty High Yield Partners, II, L.P.

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Sankaty High Yield Partners, III, L.P.

            By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Satellite Senior Income Fund II, LLC
By Satellite Asset Management, L.P.
Its Investment Manager

            By:   /s/ [Illegible]         Name:   Simon [Illegible]       
Title:   General Counsel     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Evergreen CBNA Loan Funding LLC, for itself or as agent for Evergreen CFPI Loan
Funding LLC

            By:   /s/ Roy Hykal         Name:   Roy Hykal        Title:  
Attorney-in-fact     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
SunAmerica Life Insurance Company
By: AIG Global Investment Corp., Inc.
its Investment Advisor

            By:   /s/ J. Bothamley         Name:   Julie Bothamley       
Title:   Managing Director     

 
SunAmerica Senior Floating Rate Fund, Inc.
By: AIG Global Investment Corp.
Investment Sub-Advisor

            By:   /s/ J. Bothamley         Name:   Julie Bothamley       
Title:   Managing Director     

 
Galaxy CLO 2003-1, Ltd.
By: AIG Global Investment Corp., Inc.
its Collateral Manager

            By:   /s/ J. Bothamley         Name:   Julie Bothamley       
Title:   Managing Director     

 
Galaxy III CLO, Ltd.
By: AIG Global Investment Corp.,
its Collateral Manager

            By:   /s/ J. Bothamley         Name:   Julie Bothamley       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
Galaxy IV CLO, LTD
By: AIG Global Investment Corp.
its Collateral Manager

            By:   /s/ J. Bothamley         Name:   Julie Bothamley       
Title:   Managing Director     

 
Galaxy V CLO, LTD
By: AIG Global Investment Corp.
its Collateral Manager

            By:   /s/ J. Bothamley         Name:   Julie Bothamley       
Title:   Managing Director     

 
Galaxy VI CLO, LTD
By: AIG Global Investment Corp.
its Collateral Manager

            By:   /s/ J. Bothamley         Name:   Julie Bothamley       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

 
SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
OAK HILL SECURITIES FUND, L.P.
By: Oak Hill Securities GenPar, L.P.
its General Partner
By: Oak Hill Securities MGP, Inc.,
its General Partner

            By:   /s/ Scott D. Krase         Name:   Scott D. Krase       
Title:   Vice President     

 
OAK HILL SECURITIES FUND II, L.P.
By: Oak Hill Securities GenPar II, L.P.
its General Partner
By: Oak Hill Securities MGP II, Inc.,
its General Partner

            By:   /s/ Scott D. Krase         Name:   Scott D. Krase       
Title:   Vice President     

 
OAK HILL CREDIT OPPORTUNITIES FINANCING, LTD.

            By:   /s/ Scott D. Krase         Name:   Scott D. Krase       
Title:   Authorized Person     

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

         

SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
KNIGHT CBNA FUNDING-
KNIGHT CFPI LOAN FUNDING LLC

              Knight CNBA Loan Funding LLC, for itself or as Agent for Knight
CFPI Loan Funding LLC
      By:   /s/ Matthew Massier         Name:   Matthew Massier        Title:  
As Attorney In Fact   

Signature page to the First Consent, Waiver and Amendment

--------------------------------------------------------------------------------

 

         

SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:

              Four Corners CLO II, LTD.
      By:   /s/ Matthew Massier         Name:   Matthew Massier        Title:  
As Attorney In Fact   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:
Highland Offshore Partners, L.P.
By: Highland Capital Management, L.P., As Collateral Manager
By: Strand Advisors, Inc., Its General Partner

                  By:   /s/ Chad Schramek         Name:   Chad Schramek,
Assistant Treasurer        Title:   Strand Advisors, Inc., General Partner of
Highland Capital Management, L.P.   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.

         
 
      NAME OF INSTITUTION:
 
       
 
  By:    
 
       
 
      Name:
 
      Title:
 
       
OAK HILL CREDIT ALPHA FUND, L.P.
      OAK HILL CREDIT ALPHA FUND (OFFSHORE), LTD.
 
       
By: Oak Hill Credit Alpha GenPar, L.P. its General Partner
       
 
       
 
      By: /s/ Scott D. Krase
 
       
By: Oak Hill Credit Alpha MGP, LLC,
its General Partner
      Name: Scott D. Krase Title: Vice President

                By:   /s/ Scott D. Krase     Name:   Scott D. Krase    Title:  
Vice President   

Signature page to the First Consent, Waiver and Amendment

 

--------------------------------------------------------------------------------

 

         

SIGNATURE PAGE TO THE FIRST CONSENT, WAIVER AND AMENDMENT, DATED AS OF MAY 3,
2006 TO THE AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND GUARANTEE
AGREEMENT, DATED AS OF FEBRUARY 23, 2006, AMONG CALPINE CORPORATION, THE
SUBSIDIARIES OF CALPINE CORPORATION NAMED THEREIN, THE LENDERS FROM TIME TO TIME
PARTIES THERETO, CREDIT SUISSE AND DEUTSCHE BANK TRUST COMPANY AMERICAS, AS
ADMINISTRATIVE AGENT AND THE OTHER AGENTS PARTIES THERETO.
NAME OF INSTITUTION:

              Sankaty Advisors, LLC as Collateral
Manager for Castle Hill II -
INGOTS, Ltd., as Term Lender
      By:   /s/ James F. Kellogg         Name:   James F. Kellogg       
Title:   Managing Director     

Signature page to the First Consent, Waiver and Amendment