Document:

exv4w23w40

 

Exhibit 4.23.40

EXECUTION VERSION

OMNIBUS AMENDMENT TO OPERATIVE DOCUMENTS

AND AGREEMENT – BROAD RIVER

     OMNIBUS AMENDMENT TO OPERATIVE DOCUMENTS AND AGREEMENT – BROAD RIVER (this “Amendment”) dated
as of July 13, 2006, is made by and among (i) BROAD RIVER ENERGY LLC, a Delaware limited liability
company (together with its successors and permitted assigns, the “Facility Lessee”), (ii) CALPINE
CORPORATION, a Delaware corporation, (iii) BROAD RIVER HOLDINGS, LLC, a Delaware limited liability
company, as Pledgor under each of the Pledge Agreements (as defined below)(together with its
permitted successors and assigns, the “Pledgor”), (iv) BROAD RIVER OL-1, LLC, a Delaware limited
liability company, (v) BROAD RIVER OL-2, LLC, a Delaware limited liability company, (vi) BROAD
RIVER OL-3, LLC, a Delaware limited liability company, (vii) BROAD RIVER OL-4, LLC, a Delaware
limited liability company (each of the parties described in items (iv) through (vii) above being an
“Owner Lessor” and, collectively, the “Owner Lessors”), (viii) SBR OP-1, LLC, a Delaware limited
liability company, (ix) SBR OP-2, LLC, a Delaware limited liability company, (x) SBR OP-3, LLC, a
Delaware limited liability company, (xi) SBR OP-4, LLC, a Delaware limited liability company (each
of the parties described in items (viii) through (xi) above being together with its successors and
permitted assigns, an “Owner Participant” and, collectively, the “Owner Participants”), (xii) U.S.
BANK NATIONAL ASSOCIATION (as successor to STATE STREET BANK AND TRUST COMPANY OF CONNECTICUT,
NATIONAL ASSOCIATION), a national banking association organized and existing under the laws of the
United States, not in its individual capacity, except as expressly provided herein, but solely as
trustee under each of the Collateral Trust Indentures (herein in its capacity as trustee under each
of the Collateral Trust Indentures, together with its successors and permitted assigns, an
“Indenture Trustee”, and herein in its individual capacity called “US Bank”), (xiii) WELLS FARGO
BANK NORTHWEST, NATIONAL ASSOCIATION, a national banking association organized and existing under
the laws of the United States, not in its individual capacity except as expressly provided herein,
but solely as independent manager under each of the LLC Agreements (herein in its capacity as
independent manager under each of the LLC Agreements, together with its successors and permitted
assigns, called the “Lessor Manager” and, collectively, the “Lessor Managers”, and herein in its
individual capacity, together with its successors and permitted assigns, called the “Trust
Company”), (xiv) U.S. BANK NATIONAL ASSOCIATION (as successor to STATE STREET BANK AND TRUST
COMPANY OF CONNECTICUT, NATIONAL ASSOCIATION), a national banking association organized and
existing under the laws of the United States, not in its individual capacity, except as expressly
provided herein, but solely as trustee under the Pass Through Trust Agreements (herein in its
capacity as trustee under such Pass Through Trust Agreements, together with its successors and
permitted assigns, the “Pass Through Trustee”, and herein in its individual capacity called “US
Bank”), and (xv) BRSP, LLC, a Delaware limited liability company, as Noteholder.

     WHEREAS, certain of the parties hereto and certain other persons have entered into a series of
transactions in connection with the sale-leaseback financing of a 850 MW gas-fired simple cycle
power plant located near Gaffney, South Carolina (collectively, the “Broad River Transactions”),

 

 

     
WHEREAS, in connection with the Broad River Transactions, certain of the parties hereto and
other persons have entered into the agreements and other documents listed on Schedule A 
hereto (the “Broad River Transaction Documents”);

     WHEREAS, in connection with the Broad River Transactions, certain of the parties hereto
entered into certain additional documents listed on Schedule B hereto (the “Broad River
Collateral Enhancement Documents”), including certain Pledge and Security Agreements (the “Pledge
Agreements”) as described therein;

     WHEREAS, the parties hereto now desire to amend certain of the Broad River Transaction
Documents and Broad River Collateral Enhancement Documents and to enter into certain other
agreements pursuant to the terms and conditions of this Amendment;

     NOW, THEREFORE, the parties hereto hereby agree as follows:

Section 1. Definitions. Except as otherwise defined
or modified in this Agreement, all
capitalized terms shall have the meanings
ascribed to them in Appendix A to each of
the Participation Agreements (the
“Participation Agreements”) listed on
Schedule A hereto.

Section 2. Broad River Transaction Document
Amendments. The parties hereto agree,
subject to (and effective upon) the
satisfaction of the conditions precedent
specified in Section 6 below, to amend
certain provisions of the Operative
Documents as follows:

	 	2.01	 	Amendments to Participation Agreements.
	 
	 	(a)	 	Each and every reference to the “Pass Through Trustee” or “Pass Through
Trustees” in the following Sections to each of the Participation Agreements are hereby
deleted: Sections 2.3(b), 5.8, 5.9(a) and (b), 5.11, 5.20, 5.21, 5.27, 6.7, 7.1(a)(i),
7.1(d), 7.9, 13.1 (except for clause (b)(vi) thereof), 13.2 and 14(b).
	 
	 	(b)	 	Each and every reference to the “Pass Through Trustee” or “Pass Through
Trustees” in the following Sections to each of the Participation Agreements are hereby
deleted and replaced with “Noteholder” or “Noteholders” respectively: Sections 5.2(b)
and 11.1(v).
	 
	 	(c)	 	The words “any Noteholder,” are hereby added into clauses (iii) and (iv) of
Section 5.25, and to Section 13.1(b)(iv), in each case after the words “the Indenture
Trustee,”.
	 
	 	(d)	 	Each and every reference to the “Pass Through Company” in Section 11.1(v) of
the Participation Agreements is hereby deleted.
	 
	 	(e)	 	Each and every reference to the “Certificateholder” or “Certificateholders” in
the following Sections to each of the Participation Agreements are hereby deleted:
Sections 5.2(b), 5.8, 5.20(a), 6.7 and 13.1(b)(vii).
	 
	 	(f)	 	Section 6.4 is hereby deleted in its entirety and replaced with the following:

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	 	 	 	“Transfer of the Owner Lessor’s Interest. Other than as permitted by the
Operative Documents, each of the Lessor Manager and the Owner Lessor covenants that
it will not assign, pledge, sell, lease, convey or otherwise transfer any of its
then existing right, title or interest in and to the Owner Lessor’s Interest, the
Lessor Estate or the other Operative Documents; provided, however, that if the Owner
Lessor acquires the Lessor Notes outstanding immediately prior to the Settlement
Agreement Effective Date pursuant to Section 4.4(e) of the Collateral Trust
Indenture, it is expressly understood and agreed that nothing in this Section 6.4
shall in any way limit the right of the Owner Lessor to assign, pledge, sell, lease,
convey or otherwise transfer any of its then existing right, title or interest as
Noteholder in and to such Lessor Notes or any right or interest under the Collateral
Trust Indenture accruing or benefiting the holder of any such Lessor Note so
acquired, the right of the Members (as defined in the LLC Agreement) of the Owner
Lessor to direct the Lessor Manager to do the same on behalf of the Owner Lessor, or
the obligation of the Lessor Manager to act as so directed in connection therewith;
provided, further, that nothing herein shall preclude the Owner Lessor from
performing the transactions contemplated under Section 1.3 of the Settlement
Agreement.”
	 
	 	(g)	 	Section 6.6 is hereby deleted in its entirety and replaced with the following:
	 
	 	 	 	“Limitation on Indebtedness and Actions. Each of the Lessor Manager and the
Owner Lessor covenants that it will not incur any Indebtedness nor enter into any
business or activity except as required or expressly permitted by any Operative
Document (it being expressly understood and agreed that nothing in this Section 6.6
shall in any way preclude or limit the Owner Lessor from (x) acquiring, selling,
conveying or otherwise transferring all or any portion of its right, title or
interest as Noteholder in and to any Lessor Note outstanding immediately prior to
the Settlement Agreement Effective Date which is acquired pursuant to Section 4.4(e)
of the Collateral Trust Indenture or any right or interest under the Collateral
Trust Indenture accruing or benefiting the holder of any such Lessor Note so
acquired, the Members (as defined in the LLC Agreement) of the Owner Lessor from
directing the Lessor Manager to do the same on behalf of the Owner Lessor, or the
obligation of the Lessor Manager to act as so directed in connection therewith), (y)
issuing any Settlement Agreement Additional Lessor Notes as contemplated under
Section 2.12 of the Collateral Trust Indenture or (z) taking any actions expressly
contemplated under Sections 1.3, 1.6.b, and 1.8 of the Settlement Agreement.”
	 
	 	(h)	 	Section 7.7 is hereby amended by adding the following sentence to the end of
the Section:
	 
	 	 	 	“Notwithstanding the foregoing provisions of this Section 7.7, it is expressly
understood and agreed that nothing in this Section 7.7 shall preclude the Owner
Participant from (x) guaranteeing any obligations of any Affiliate of the Owner
Participant in connection with any financing of the acquisition by the Owner
Lessor of (1) the Lessor Notes outstanding immediately prior to the Settlement

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	 	 	 	Agreement Effective Date pursuant to Section 4.4(e) of the Collateral Trust
Indenture and (2) the Settlement Agreement Additional Notes or in connection with
any refinancing or replacement of such financing and/or (y) granting security for
any financing described in (x) above so long as such security does not create an
Owner Participant’s Lien (it being expressly understood and agreed that
notwithstanding the foreoging, any foreclosure on or transfer or other conveyance of
any Member Interest shall be subject to the requirements of Section 7 hereof and the
Tax Indemnity Agreement).”

	 	(i)	 	Section 9.1(a) is hereby amended by inserting the words “, each Noteholder,” in
the fifth line thereof before the words “each Certificateholder”. In addition, each
and every reference to the “Additional Certificates” in Section 9 to each of the
Participation Agreements are hereby deleted.
	 
	 	(j)	 	Notwithstanding any provision to the contrary contained in this Amendment or in
the Operative Documents, the indemnity obligations of Facility Lessee under Section 9.1
of each of the Participation Agreement which are owed to any Certificateholder, the
Pass Through Company in its individual capacity, the Pass Through Trustees, and their
respective Affiliates, successors, assigns, agents, directors, officers and employees
shall be limited solely to any and all Claims to the extent relating to the period
prior to the PTT Indemnity Limitation Date (as defined in the next sentence), and such
obligations (as amended by this paragraph (j)) shall survive after the effective date
of this Amendment; provided however, that this provision shall have no effect with
respect to Sections 5.25 and 13.1(b)(iv) of the Participation Agreement and Section 7.1
of the Facility Lease. The “PTT Indemnity Limitation Date” shall mean the
earlier of (x) the date thirty (30) days after the “Special Distribution Date” (as
defined in the Pass Through Trust Agreements) in respect of the proceeds of the
purchase by the Owner Lessor pursuant to Section 4.4(e) of the Collateral Trust
Indenture of the Lessor Notes and (y) the date that is ninety (90) days after the
Settlement Agreement Effective Date.
	 
	 	(k)	 	Section 9.1(b) is hereby amended by adding the following sentence to the end
thereof:
	 
	 	 	 	“Notwithstanding any provision of any Operative Document, in no event shall Broad
River or the Guarantor be obligated to pay or reimburse any CIT Party (as defined in
the Settlement Agreement) for any amount paid or payable to any Certificateholder or
any of their respective Affiliates in connection with or as an inducement to provide
any direction or instruction to the Pass Through Trustee to execute and deliver this
Amendment or any similar amendment to the South Point Operative Documents.”
	 
	 	(l)	 	Section 9.2(a) is hereby amended by inserting the words “each Noteholder,” in
the fourth line thereof after the words “the Indenture Trustee,”.

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	 	(m)	 	Notwithstanding any provision to the contrary contained in this Amendment or
the Operative Documents, the indemnity obligations of Facility Lessee under Section 9.2
of each of the Participation Agreement which are owed to any Certificateholder, the
Pass Through Company in its individual capacity, the Pass Through Trustees, and their
respective Affiliates, successors, assigns, agents, directors, officers and employees
shall be limited solely to any and all Taxes to the extent relating to the period prior
to the PTT Indemnity Limitation Date (as defined in paragraph (j) above), and such
obligations (as amended by this paragraph (l)) shall survive after the effective date
of this Amendment.
	 
	 	(n)	 	Section 11.1(xii) of each Participation Agreement is hereby deleted in its
entirety and is replaced by the following:
	 
	 	 	 	“(xii) the Facility Lessee shall pay to the Owner Participant a fee of $100,000 for
each such financing other than the first financing; and”
	 
	 	(o)	 	The words “any Noteholder,” are hereby added into Section 13.1(b)(iv) after the
words “the Indenture Trustee,”.
	 
	 	(p)	 	Section 15.4 of each Participation Agreement is hereby deleted in its entirety
and replaced with the following:
	 
	 	 	 	“15.4 Amendments and Waivers. No term, covenant, agreement or condition of
this Agreement may be terminated, amended or compliance therewith waived (either
generally or in a particular instance, retroactively or prospectively) except by an
instrument or instruments in writing executed by each party hereto; provided,
however, that the consent from, or the execution of a written instrument by, the
Pass Through Trustees and the Pass Through Company will not be required for any
termination, amendment or waiver entered into after the effective date of the
Omnibus Amendment unless any such termination, amendment or waiver is with respect
to any rights of the Pass Through Trustees, the Pass Through Company or any
Certificateholder which expressly survive after the effective date of the Omnibus
Amendment and would adversely affect any of the rights of the Pass Through Trustees,
the Pass Through Company or any Certificateholder thereunder.”
	 
	 	(q)	 	Section 15.13(d) of each Participation Agreement is hereby amended as follows:
the final sentence of Section 15.13(d) beginning with the phrase “In connection with
any such discretionary acts . . .” is hereby deleted in its entirety.
	 
	 	(r)	 	Section 15.21 of each Participation Agreement is hereby amended by restating
clause (f) thereof in its entirety to read as follows:

“(f) as may be disclosed to any transferee or proposed transferee of the
Receiving Party or to any financier or prospective financier of such
transferee or proposed transferee or to any party to a CIT Financing
Agreement (as defined in the Settlement Agreement); provided, however,

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that, prior to any such disclosure, any such transferee, proposed
transferee, financier or proposed financier, as the case may be, shall have
agreed in writing to be bound by the terms of this Section 15.21 and shall
have provided the Guarantor evidence that the Guarantor has been made an
express third-party beneficiary of such agreement to be bound by the terms
of this Section 15.21; or”

	 	(s)	 	Section 15.23 of each Participation Agreement is hereby deleted in its entirety
and replaced with the following:
	 
	 	 	 	“15.23 Amendments, Etc. No Operative Document nor any of the terms thereof
(including the terms of this Section 15.23) may be terminated, amended,
supplemented, waived or modified, except by an instrument in writing (a) signed in
the case of a waiver, by the party against which enforcement of such waiver is
sought, and no such waiver shall become effective unless signed copies thereof shall
have been delivered to each such party or (b) in the case of termination,
amendments, supplements or modifications, consented to by all parties hereto;
provided, however, that the consent of the Facility Lessee is not required in the
case of amendments to any Operative Document to which the Facility Lessee is not a
party and which would not increase or accelerate the Facility Lessee’s or the
Guarantor’s obligations under any of the Operative Documents nor impair the Facility
Lessee’s or the Guarantor’s rights under any of the Operative Documents; provided
further that the consent from, or the execution of a written instrument by, the Pass
Through Trustees and the Pass Through Company will not be required for any
termination, amendment or waiver entered into after the effective date of the
Omnibus Amendment unless any such termination, amendment or waiver is with respect
any rights of the Pass Through Trustees, the Pass Through Company or any
Certificateholder which expressly survive after the effective date of the Omnibus
Amendment and would adversely affect any of the rights of the Pass Through Trustees,
the Pass Through Company or any Certificateholder thereunder. Notwithstanding the
foregoing, Section 5.6 of the Collateral Trust Indenture shall not be amended
without the Guarantor’s consent.”
	 
	 	(t)	 	A new Section 15.24 is hereby added to the Participation Agreement as follows:
	 
	 	 	 	“15.24 Settlement Agreement Implementation. The Owner Lessor, Owner
Participant, Facility Lessee, Calpine and BRSP, LLC, a Delaware limited liability
company, as Noteholder, acknowledge receipt of the Settlement Agreement and agree to
comply with and implement the provisions thereof, including Sections 1.3(c), 1.3(d)
and 1.6 thereof.”
	 
	 	(u)	 	If and to the extent (i) the “Effective Date’ under the Settlement Agreement
shall have occurred, (ii) Calpine and/or its Affiliates shall have paid in full (1) all
past due Basic Rent under the Broad River and South Point Facility Leases due and owing
as of May 30, 2006 together with (2) interest thereon at the Overdue Rate through (and
including) the date of cure, and (3) the reasonable fees and expenses of the parties to
the Overall Transactions, in each case in accordance with and as

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	 	 	 	contemplated by that certain Order (I) Authorizing and Approving the Settlement
Agreement between the Calpine Parties and the CIT Parties Regarding (A) Amendments
to Contracts and Leases Related to Broad River and South Pont Facilities; (B)
Assumption of Such Contracts and Leases, as Amended; (C) Assignment of Broad River
Power Purchase Agreements; (II) Granting Shortened Notice for a Hearing on the Same;
and (III) Granting Other Related Relief, dated June 27, 2006, and in the case of the
preceding clause (ii)(3), the Second Amended Final Order Authorizing Use of Cash
Collateral and Granting Adequate Protection [Docket No. 881], dated February 24,
2006, and (iii) the Settlement Agreement Additional Notes under the Collateral Trust
Indentures for each of Broad River and South Point shall have been issued by each
Owner Lessor in the Settlement Agreement Additional Lessor Notes Principal Amount
under such Collateral Trust Indenture, then notwithstanding anything to the contrary
contained in Section 9.1 of the Participation Agreement or in any other Operative
Document neither the Owner Lessors nor the Owner Participants will assert against or
seek from any Lessee any Supplemental Rent under Section 9.1 of the Participation
Agreements in respect of any amounts paid by the Owner Lessor or any of its
Affiliates in order to cure the May 30, 2006 payment defaults under the Lessor
Notes.

	 	2.02	 	Amendments Appendix A to Participation Agreements. Appendix A
to each of the Participation Agreements shall be amended as follows:
	 
	 	(a)	 	The term “Amendment Date Bankruptcy Case” is hereby added as follows:
	 
	 	 	 	“Amendment Date Bankruptcy Case” shall mean those certain jointly administered cases
under chapter 11 of title 11 of the United States Code pending on the date of the
Amendment in the United States Bankruptcy Court for the Southern District of New
York under the name In re Calpine Corp., et. al., No. 05-60200 (BRL)
(Jointly Administered).”
	 
	 	(b)	 	The Term “Broad River PPAs” is hereby added as follows:
	 
	 	 	 	“Broad River PPAs” shall mean (i) a Power Purchase Agreement, dated as of December
31, 1998, between Carolina Power and Light Company and Broad River, as amended,
restated, modified or otherwise supplemented from time to time in accordance with
the terms thereof; and (ii) a Power Purchase Agreement, dated as of July 7, 2000,
between Carolina Power and Light Company and Broad River, as amended, restated,
modified or otherwise supplemented from time to time in accordance with the terms
thereof.”
	 
	 	(c)	 	Upon Calpine Corporation’s and Facility Lessee’s emergence, as debtors and
debtors in possession, from the Amendment Date Bankruptcy Case, the term “Calpine
Guaranty” shall be replaced in its entirety by the following:

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	 	 	 	“Calpine Guaranty” shall mean the Amended and Restated Calpine Guaranty and Payment
Agreement, among Calpine, Owner Lessor and Owner Participant, in substantially the
form attached as Exhibit C-1 to the Settlement Agreement.”
	 
	 	(d)	 	The term “Certificate Purchase Agreement” is hereby deleted and all references
to the Certificate Purchase Agreement in each and all of the Operative Documents are
hereby deleted.
	 
	 	(e)	 	The terms “Certificate Purchase Agreement” and “Pass Through Trust Agreement”
are hereby deleted from the definition of the term “Operative Documents” and all
references to the Certificate Purchase Agreement and the Pass Through Trust Agreement
as an “Operative Document” in each and all of the Operative Documents are hereby
deleted.
	 
	 	(f)	 	The term “Lessor Estate” is hereby replaced in its entirety with the following:
	 
	 	 	 	“Lessor Estate” shall mean all the estate, right, title and interest of the Owner
Lessor in, to and under the Undivided Interest, the Ground Interest and the
Operative Documents (other than in (x) its right, title and interest as Noteholder
in the Lessor Notes acquired pursuant to Section 4.4(e) of the Collateral Trust
Indenture and (y) any right or interest under the Collateral Trust Indenture
accruing or benefiting the holder of a Lessor Note so acquired), including all funds
advanced to the Owner Lessor by the Owner Participant, all installments and other
payments of Periodic Rent, Supplemental Rent or Termination Value under the Facility
Lease, condemnation awards, purchase price, sale proceeds, insurance proceeds and
all other proceeds, rights and interests of any kind for or with respect to the
estate, right, title and interest of the Owner Lessor in, to and under the Undivided
Interest, the Ground Interest and the Operative Documents (other than in (x) the
Lessor Notes acquired pursuant to Section 4.4(e) of the Collateral Trust Indenture
and (y) any right or interest under the Collateral Trust Indenture accruing or
benefiting the holder of a Lessor Note so acquired) and the FILOT Lease and any of
the foregoing, but shall not include Excepted Payments and the proceeds of the sale
of the Settlement Agreement Additional Lessor Notes.”
	 
	 	(g)	 	The term “Lessor Note(s)” is hereby replaced in its entirety with the
following:
	 
	 	 	 	“Lessor Note(s)” shall mean, individually or collectively as the context may
require, the Initial Lessor Notes, Additional Lessor Notes and Settlement Agreement
Additional Lessor Notes, each issued pursuant to the Collateral Trust Indenture.”
	 
	 	(h)	 	The term “Omnibus Amendment” is hereby added as follows:
	 
	 	 	 	“Omnibus Amendment” shall mean that certain Omnibus Amendment to Operative Documents
and Agreement – Broad River, dated as of July 13, 2006, among, inter alia, the
Facility Lessee, Calpine, the Owner Lessor, the Owner

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	 	 	 	Participant, the Indenture Trustee, the Lessor Manager and the Pass Through
Trustee.”

	 	(i)	 	The term “Owner Participant’s Lien(s)” is hereby amended by adding the
following sentence to the end of the existing definition:
	 
	 	 	 	“Notwithstanding the foregoing or anything to the contrary contained in any
Operative Document, “Owner Participant’s Lien(s)” shall not include (x) any Lien on
the Member Interest or on any other assets, property or rights of the Owner
Participant granted in connection with any financing of the Owner Lessor’s
acquisition of any Lessor Notes pursuant to Section 4.4(e) of the Collateral Trust
Indenture or any refinancing or replacement of such financing so long as the Liens
so granted do not include the Lessor Estate, the Facility Site, or any part of any
thereof or any interest therein, and (y) any interest of the Owner Participant in
the proceeds of the sale by the Owner Lessor of the Settlement Agreement Additional
Lessor Notes.”
	 
	 	(j)	 	The term “Pledge Agreement” is hereby added as follows:
	 
	 	 	 	“Pledge Agreement” shall mean that certain Pledge and Security Agreement, dated as
of September 30, 2003, by and among Broad River Holdings, LLC, Calpine, Broad River
and the Owner Lessor.”
	 
	 	(k)	 	The term “RockGen Calpine Guaranties” is hereby deleted from the definition of
the term “Other Calpine Guaranties” and all references to the “Other Calpine
Guaranties” in each and all of the Operative Documents will be deemed to mean only the
Other Broad River Calpine Guaranties and the South Point Calpine Guaranties.
	 
	 	(l)	 	The term “RockGen Facility Leases” is hereby deleted from the definition of the
term “Other Facility Leases” and all references to the “Other Facility Leases” in each
and all of the Operative Documents will be deemed to mean only the Other Broad River
Facility Leases and the South Point Facility Leases.
	 
	 	(m)	 	The term “RockGen Owner Lessors” is hereby deleted from the definition of the
term “Other Owner Lessors” and all references to the “Other Owner Lessors” in each and
all of the Operative Documents will be deemed to mean only the Other Broad River Owner
Lessors and the South Point Owner Lessors.
	 
	 	(n)	 	The term “RockGen” is hereby deleted and all references to RockGen in each and
all of the Operative Documents are hereby deleted.
	 
	 	(o)	 	The term “RockGen Bills of Sale” is hereby deleted and all references to the
RockGen Bills of Sale in each and all of the Operative Documents are hereby deleted.

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	 	(p)	 	The term “RockGen Calpine Guaranties” is hereby deleted and all references to
the RockGen Calpine Guaranties in each and all of the Operative Documents are hereby
deleted.
	 
	 	(q)	 	The term “RockGen Collateral Trust Indentures” is hereby deleted and all
references to the RockGen Collateral Trust Indentures in each and all of the Operative
Documents are hereby deleted.
	 
	 	(r)	 	The term “RockGen Facility Leases” is hereby deleted and all references to the
RockGen Facility Leases in each and all of the Operative Documents are hereby deleted.
	 
	 	(s)	 	The term “RockGen Facility Lessee” is hereby deleted and all references to the
RockGen Facility Lessee in each and all of the Operative Documents are hereby deleted.
	 
	 	(t)	 	The term “RockGen Facility Site” is hereby deleted and all references to the
RockGen Facility Site in each and all of the Operative Documents are hereby deleted.
	 
	 	(u)	 	The term “RockGen Facility Site Leases” is hereby deleted and all references to
the RockGen Facility Site Leases in each and all of the Operative Documents are hereby
deleted.
	 
	 	(v)	 	The term “RockGen Ground Interests” is hereby deleted and all references to the
RockGen Ground Interests in each and all of the Operative Documents are hereby deleted.
	 
	 	(w)	 	The term “RockGen Indenture Trustees” is hereby deleted and all references to
the RockGen Indenture Trustees in each and all of the Operative Documents are hereby
deleted.
	 
	 	(x)	 	The term “RockGen Lease Transactions” is hereby deleted and all references to
the RockGen Lease Transactions in each and all of the Operative Documents are hereby
deleted.
	 
	 	(y)	 	The term “RockGen Lessor Managers” is hereby deleted and all references to the
RockGen Lessor Managers in each and all of the Operative Documents are hereby deleted.
	 
	 	(z)	 	The term “RockGen Owner Lessors” is hereby deleted and all references to the
RockGen Owner Lessors in each and all of the Operative Documents are hereby deleted.
	 
	 	(aa)	 	The term “RockGen Owner Participants” is hereby deleted and all references to
the RockGen Owner Participants in each and all of the Operative Documents are hereby
deleted.

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	 	(bb)	 	The term “RockGen Operative Documents” is hereby deleted and all references to
the RockGen Operative Documents in each and all of the Operative Documents are hereby
deleted.
	 
	 	(cc)	 	The term “RockGen Overall Transaction” is hereby deleted and all references to
the RockGen Overall Transaction in each and all of the Operative Documents are hereby
deleted.
	 
	 	(dd)	 	The term “RockGen Participation Agreements” is hereby deleted and all
references to the RockGen Participation Agreements in each and all of the Operative
Documents are hereby deleted.
	 
	 	(ee)	 	The term “RockGen Undivided Interests” is hereby deleted and all references to
the RockGen Undivided Interests in each and all of the Operative Documents are hereby
deleted.
	 
	 	(ff)	 	The term “Settlement Agreement” is hereby added as follows:
	 
	 	 	 	“Settlement Agreement” shall mean that certain Settlement Agreement, dated as of
June 14, 2006, among, inter alia, Calpine, certain of controlled subsidiaries of
Calpine (including the Facility Lessee), CIT Credit Group USA Inc., and the Owner
Lessor, as amended by that certain Clarification and Amendment Letter dated as of
June 26, 2006 and as may be further amended from time to time.”
	 
	 	(gg)	 	The term “Settlement Agreement Additional Lessor Notes” is hereby added as
follows:
	 
	 	 	 	“Settlement Agreement Additional Lessor Notes” shall have the meaning set forth in
Section 2.12(a) of the Collateral Trust Indenture.”
	 
	 	(hh)	 	The term “Settlement Agreement Effective Date” is hereby added as follows:
	 
	 	 	 	“Settlement Agreement Effective Date” shall mean the “Effective Date” described in
Section 2.2 of the Settlement Agreement.”
	 
	 	2.03	 	Amendments to Facility Leases. Each of the Facility Leases
shall be amended as follows:
	 
	 	(a)	 	Each and every reference to the “Pass Through Trustee” or “Pass Through
Trustees” in the following Sections to each of the Facility Leases are hereby deleted:
Sections 3.4, 5.3, 9, 10.1, 10.3 (except for the last paragraph of paragraph (e)
thereof), 12, 13.1(a), 13.2(a), 14.1, 16(b), 16(d) and 16(j).
	 
	 	(b)	 	Each and every reference to the “Pass Through Trustee” or “Pass Through
Trustees” in the following Sections to each of the Facility Leases are hereby deleted
and replaced with “Noteholder” or “Noteholders” respectively: Sections 8.1, 10.2,
10.3(e) (only with respect to the last paragraph thereof), 13.3, 14.3, 14.4, 17.1 and
19(i).

11

 

	 	(c)	 	The words “any Noteholder,” are hereby added into clauses (3) and (4) of
Section 7.1 in each case after the words “the Indenture Trustee,”.
	 
	 	(d)	 	Each and every reference to the “Pass Through Company” in the following
Sections to each of the Facility Leases are hereby deleted: Sections 3.4(b), 8.1,
10.2(a), 10.3, 13.3, 14.3, 14.4, 17.1, and 19(i).
	 
	 	(e)	 	Each and every reference to the “Certificateholder” or “Certificateholders” in
the following Sections to each of the Facility Leases are hereby deleted: Sections
8.1, 10.2(c) and 13.4.
	 
	 	(f)	 	Section 16(g) of each Facility Lease is hereby deleted in its entirety and
replaced with the following:

	 	“(g)	 	except for the Amendment Date Bankruptcy Case (other than any
conversion of the Amendment Date Bankruptcy Case into a Chapter 7 proceeding),
the Facility Lessee or Calpine shall (i) commence a voluntary case or other
proceeding seeking relief under Title 11 of the Bankruptcy Code or liquidation,
reorganization or other relief with respect to itself or its debts under any
bankruptcy, insolvency or other similar law now or hereafter in effect, or
apply for or consent to the appointment of a trustee, receiver, liquidator,
custodian or other similar official of it or any substantial part of its
property, or (ii) consent to, or fail to controvert in a timely manner, any
such relief or the appointment of or taking possession by any such official in
any voluntary case or other proceeding commenced against it, or (iii) file an
answer admitting the material allegations of a petition filed against it in any
such proceeding, or (iv) make a general assignment for the benefit of
creditors;”

	 	(g)	 	Section 16(h) of each Facility Lease is hereby deleted in its entirety and
replaced with the following:

	 	“(h)	 	 except for the Amendment Date Bankruptcy Case (other than any
conversion of the Amendment Date Bankruptcy Case into a Chapter 7 proceeding),
an involuntary case or other proceeding shall be commenced against the Facility
Lessee or Calpine seeking (i) liquidation, reorganization or other relief with
respect to it or its debts under Title 11 of the Bankruptcy Code or any
bankruptcy, insolvency or other similar law now or hereafter in effect, or (ii)
the appointment of a trustee, receiver, liquidator, custodian or other similar
official with respect to it or any substantial part of its property or (iii)
the winding-up or liquidation of such Person; and such involuntary case or
other proceeding shall remain undismissed and unstayed for a period of 60
days;”

	 	2.04	 	Amendments to Collateral Trust Indenture. Each of the
Collateral Trust Indentures shall be amended as follows:

12

 

	 	(a)	 	Clause (1) of the Granting Clause is hereby deleted in its entirety and
replaced with the following which shall constitute the grant of a first priority
security interest in, and mortgage lien on, the property described for all purposes of
this Collateral Trust Indenture:
	 
	 	 	 	“(1) the Undivided Interest (including the Facility Purchase Option), the Owner
Lessor’s interest in any Components; the Owner Lessor’s interest in any
Improvements; the Ground Interest (including the Land Purchase Option); the
Facility Lease and all payments of any kind by the Facility Lessee thereunder
(including Rent); any rights of the Owner Lessor as assignee of the Facility Lessee
under the Facility Lease; the Facility Site Lease and all payments of any kind by
the Facility Lessee thereunder; the Assignment Agreement (and all rights with
respect to the FILOT Lease conveyed thereby); the Owner Lessor’s interest in all
tangible property located on or at or attached to the Facility Site as to which an
interest in such tangible property arises under applicable real estate law
(“fixtures”); the Calpine Guaranty, the Ownership and Operation Agreement
and all and any interest in any property now or hereafter granted to the Owner
Lessor pursuant to any provision of the Facility Lease or the FILOT Lease
(including, without limitation, the option to purchase set forth in Section 10.02 of
the FILOT Lease); the FILOT Lease, the Pledge Agreement, the Broad River PPAs
(including, to the extent contemplated in Section 1.3 of the Settlement Agreement,
any security interest granted to the Owner Lessor thereunder) and each other
Operative Document to which the Owner Lessor is a party other than the Tax Indemnity
Agreement, the Tri-Party Agreement, the LLC Agreement, any Lessor Notes which the
Owner Lessor may acquire pursuant to Section 4.4(e) of this Indenture and any right
or interest under this Indenture accruing or benefiting the holder of a Lessor Note
acquired by the Owner Lessor pursuant to Section 4.4(e) of this Indenture (the
Undivided Interest, the Owner Lessor’s interest in any Components, the Owner
Lessor’s interest in any fixtures, Improvements and the Ground Interest are
collectively referred to as the “Property Interest” and the documents
specifically referred to above in this paragraph (1) are collectively referred to as
the “Assigned Documents”), including, without limitation, (x) all rights of
the Owner Lessor to receive any payments or other amounts or, subject to Section 5.6
hereof, to exercise any election or option or to make any decision or determination
or to give or receive any notice, consent, waiver or approval or to make any demand
or to take any other action under or in respect of any such document, to accept
surrender or redelivery of the Property Interest or any part thereof, as well as all
the rights, powers and remedies on the part of the Owner Lessor, whether acting
under any such document or by statute or at law or in equity or otherwise, arising
out of any Lease Default or Lease Event of Default and (y) any right to restitution
from the Facility Lessee, any sublessee or any other person in respect of any
determination of invalidity of any such document;”
	 
	 	(b)	 	The phrase “or any Certificateholder” in each and every instance where it
appears in Section 2.10(b) is hereby deleted.

13

 

	 	 	 	Section 2.10(b)(iii) is hereby deleted in its entirety.
	 
	 	(c)	 	Section 2.10(f) is hereby amended as follows: the final clause of first
sentence of the first paragraph of Section 2.10(f) which reads “; provided, that no
notice shall be required so long as the Pass Through Trustee and the Indenture Trustee
are the same entity” is hereby deleted.
	 
	 	(d)	 	Section 2.12(a) is hereby amended by adding the following sentences to the end
of such Section:
	 
	 	 	 	“Notwithstanding anything to the contrary contained herein or in any other
Operative Document, the Owner Lessor shall issue Additional Lessor Notes on the
Settlement Agreement Effective Date in an aggregate principal amount equal to, for
each series of Initial Lessor Notes, the excess of (1) the aggregate principal
amount of the Initial Lessor Notes of such series prepaid and repaid during the
period between May 10, 2006, through (and including) the Settlement Agreement
Effective Date over (2) the aggregate principal amount of the Initial Lessor Notes
of such series which would have been repaid during such period if payments received
by the Indenture Trustee hereunder had been applied in accordance with Section
3.1(b) hereof (such Additional Lessor Notes hereinafter “Settlement Agreement
Additional Lessor Notes” and the aggregate principal amount of such Settlement
Agreement Additional Lessor Notes hereinafter the “Settlement Agreement Additional
Lessor Notes Principal Amount”). If at the time the Indenture Trustee returns the
Lessor Notes purchased by the Owner Lessor pursuant to Section 4.4(e) of the
Indenture to the registered owner thereof following registration of such Lessor
Notes in the Registrar it is determined that the sum of (a) the principal amount of
such Lessor Notes of any series plus (b) the principal amount of Settlement
Agreement Additional Notes of such series issued on the Settlement Agreement
Effective Date exceeds or is less than $55,200,000 (in the case of series A) or
$151,500,000 (in the case of series B), as applicable, a principal amount of Lessor
Notes of such series shall be deemed retired in the amount of such excess or a
principal amount of Settlement Agreement Additional Notes shall be issued in the
amount of such deficiency, as the case may be, with retroactive effect to the
Settlement Agreement Effective Date and accrued interest shall be appropriately
adjusted to give effect to the foregoing. Any additional Settlement Agreement
Additional Notes issued as a consequence of the preceding sentence shall be
authenticated by the Indenture Trustee. The Settlement Agreement Additional Lessor
Notes shall be issued and sold to BRSP, LLC (the “Settlement Agreement Additional
Note Purchaser”) and shall be in the form attached as Schedule C of the Omnibus
Amendment with the principal amounts and other information inserted therein to be
approved by Owner Lessor and Broad River. Notwithstanding any provision of any
Operative Document (including Sections 2.12(b), 2.12(c), and 2.12(d) of this
Indenture), upon the delivery by the Owner Lessor to the Indenture Trustee of a
written order on the Settlement Agreement Effective Date or any time thereafter, the
Indenture Trustee shall execute and authenticate the Settlement Agreement Additional
Lessor Notes, and

14

 

	 	 	 	upon payment to the Owner Lessor of the Settlement Agreement Additional Lessor Notes
Principal Amount, the Indenture Trustee shall deliver such Settlement Agreement
Additional Lessor Notes to the Settlement Agreement Additional Note Purchaser. For
all purposes of the Operative Documents, the Settlement Agreement Additional Notes
shall be deemed Additional Lessor Notes.”

	 	(e)	 	The phrase “or the Pass Through Trust Agreements” in each and every instance
where it appears in Section 8.2 is hereby deleted.
	 
	 	(f)	 	The phrase “rules or regulations of any exchange or quotation system on which
the Certificates are listed” in clause (h) of Section 8.2 is hereby deleted.
	 
	 	2.05	 	Amendments to Calpine Guaranty. Each of the Calpine
Guaranties shall be amended as follows:
	 
	 	(a)	 	The term “Certificateholders” in Section 2.1(a)(5)(B) is hereby deleted and
replaced with the term “Noteholders”.
	 
	 	(b)	 	Section 3.2 is hereby amended as follows:

(i) the term “so long as the Certificates remain outstanding” in the second sentence
of Section 3.2(a) is hereby replaced with the phrase “so long as the Lien of the
Collateral Trust Indenture remains outstanding”;

(ii) the phrase “and the Pass Through Trustee” in each and every instance where it
appears in Section 3.2(a) is hereby deleted;

(iii) Section 3.2(c) is hereby amended as follows: the beginning clause of the
second sentence of Section 3.2(c) which provides:

“Notwithstanding the foregoing provision in this clause (c), the Guarantor
shall, within 120 days after the close of each fiscal year of the Guarantor
in which Certificates are outstanding hereunder, file with the Owner
Participant, and if the Certificates are outstanding during any part of such
fiscal year, the Indenture Trustee and the Pass Through Trustee,”

is hereby replaced with the following:

“Notwithstanding the foregoing provision in this clause (c), the Guarantor
shall, within 120 days after the close of each fiscal year of the Guarantor
in which the Lessor Notes are outstanding hereunder, file with the Owner
Participant, and if the Lessor Notes are outstanding during any part of such
fiscal year, the Indenture Trustee,”

(iv) the phrase “and the Pass Through Trustee” and “or the Pass Through Trustee” in
each and every instance where it appears in Section 3.2(d) are hereby deleted; and

15

 

(v) the last paragraph of Section 3.2 beginning with the phrase “So long as the
Indenture Trustee . . .” is hereby deleted in its entirety.

	 	(c)	 	Each and every reference to the “Pass Through Trustee” or “Pass Through
Trustees” in Sections 3.3, 3.6, 7.1(d) and 8.4(b)(vii) are hereby deleted.
	 
	 	(d)	 	The phrase “or any Certificateholder” in Section 3.3(iv) is hereby deleted.
	 
	 	(e)	 	Each and every reference to the “Pass Through Trustee” or “Pass Through
Trustees” in Sections 3.3, 3.6(ii) and (iii), 7.1 and 8.4 are hereby deleted.
	 
	 	(f)	 	Notwithstanding any provision to the contrary contained in this Amendment or in
Section 4 of each Calpine Guaranty, the Pass Through Trustees and the Pass Through
Company shall be a Beneficiary under each Calpine Guaranty solely to the extent that
Obligations (as defined in each Calpine Guaranty) owed to such Persons relate to or are
due and payable in respect of the period prior to the PTT Indemnity Limitation Date (as
defined in Section 2.01(j) above).
	 
	 	(g)	 	The phrase “the Certificates (if then outstanding) and” in Section 8.4(b)(v) is
hereby deleted.
	 
	 	2.06	 	Amendments to OP Parent Guaranties. Each and every reference to the
“Pass Through Trustee” or “Pass Through Trustees” in Section 4 to each of the OP Parent
Guaranties are hereby deleted. In addition, and notwithstanding anything to the
contrary contained in this Amendment or in any OP Parent Guaranty, the Pass Through
Trustees shall be a Beneficiaries under each OP Parent Guaranty solely to the extent
that any OP Guarantor Obligations (as defined in each OP Parent Guaranty) owed to such
Pass Through Trustees relate to or are due and payable in respect of the period prior
to the PTT Indemnity Limitation Date (as defined in Section 2.01(j) above).
	 
	 	2.07	 	Amendments to LLC Agreement.
	 
	 	(a)	 	Section 2.5 is hereby deleted in its entirety and replaced with the following:
	 
	 	 	 	“Subject to Section 9.1 hereof, the purposes of the LLC are to receive the Equity
Investment from the Owner Participant, to issue the Lessor Notes pursuant to the
Collateral Trust Indenture, which Lessor Notes shall be secured by the Indenture
Estate, to use all such funds on the Closing Date to acquire and accept an
assignment and transfer of the Undivided Interest and the Ground Interest from CCFC
pursuant to the Assignment Agreement, to lease the Undivided Interest and the Ground
Interest to the Facility Lessee pursuant to the Facility Lease and the Facility Site
Lease, respectively, to purchase or otherwise acquire any of the Lessor Notes
pursuant to Section 4.4(e) of the Collateral Trust Indenture, to assign or transfer
all or any portion of or interest in such Lessor Notes to any Person, to issue the
Settlement Agreement Additional Lessor Notes, to take such other actions as may be
expressly contemplated under the Operative Documents and, to the extent not
prohibited by the Operative Documents, the Settlement

16

 

	 	 	 	Agreement, and/or to take such other actions as may be necessary or appropriate for
(or incidental to) any of the foregoing purposes (including, without limitation,
entering into any sale and purchase agreement with any Person with respect to all or
any portion of or interest in the Lessor Notes acquired pursuant to Section 4.4(e)
of the Collateral Trust Indenture and the Settlement Agreement Additional Lessor
Notes), and to otherwise protect and preserve the LLC Assets in accordance with the
terms hereof.”

(b) The second sentence of Section 4.3 is hereby deleted in its entirety and replaced with
the following:

	 	 	 	“Notwithstanding any provision to the contrary contained in this Agreement, the LLC
shall not be required to make a distribution to any Member on account of its
interest in the LLC if such distribution would violate Section 18-607 of the LLC Act
or any other applicable law or any Operative Document; provided, however, that
neither this Section 4.3 nor any other provision of this Agreement or of any
Operative Document shall in any way limit the LLC’s obligation to distribute to the
Members the proceeds from the sale of the Settlement Agreement Additional Lessor
Notes.”

(c) The second sentence of Section 8.3 is hereby deleted in its entirety and replaced with
the following:

	 	 	 	“Notwithstanding anything to the contrary herein contained, however, it is
understood and agreed that (x) all net proceeds received by the Lessor Manager (on
behalf of the LLC) from the sale of the Settlement Agreement Additional Lessor Notes
shall be distributed immediately upon receipt to the Members in proportion to their
Percentage Interests, and (y) the Lessor Manager shall not be obligated to make any
distribution until the funds for such distribution have been received by the Lessor
Manager in cash or other immediately available funds.”
	 
	 	(d)	 	Sections 9.1(c) and 9.1(d) of the LLC Agreement are each hereby amended by
adding the following sentence at the end of each such Section:
	 
	 	 	 	“Notwithstanding the foregoing or anything to the contrary contained in this
Agreement, nothing in this Agreement shall prevent or preclude the Owner Lessor from
taking any of the following actions (each of which shall be expressly permitted
hereunder): (x) selling any Lessor Notes acquired pursuant to 4.4(e) of any
Collateral Trust Indenture to any Affiliate or issuing any Settlement Agreement
Lessor Notes to any Affiliate, (y) consummating the transactions contemplated in
Section 1.3 of the Settlement Agreement or (z) directing or instructing the
Indenture Trustee to deposit any amounts representing the Equity Portion of Periodic
Rent and/or the Equity Portion of Termination Value directly to any bank account
maintained by (and in the name of) any of its Affiliates.

Section 3. Settlement Agreement Additional Lessor Notes. The parties acknowledge and agree to the
issuance of the Settlement Agreement Additional Lessor Notes, as provided for in

17

 

Section 2.12(a) of the Collateral Trust Indenture (as amended by this Amendment), which Settlement
Agreement Additional Lessor Notes shall be issued substantially in the form attached hereto as
Schedule C. The parties additionally acknowledge and agree that, notwithstanding anything to the
contrary contained in any Operative Documents or in any other agreement or undertaking relating to
the Overall Transactions, nothing shall limit or preclude (i) the Owner Lessors from distributing
the proceeds received from the sale of the Settlement Agreement Additional Lessor Notes to its
Member and (ii) the Owner Participant from distributing any such proceeds to its Member or to any
other Affiliate of the Owner Lessor.

Section 4. Amendments, Modifications and Waivers of Operative Documents Pursuant to Settlement
Agreement. Each party hereto hereby ratifies and consents to the amendments, modifications and
waivers made to the Operative Documents pursuant to the Settlement Agreement.

Section 5. Continuing Obligations, Preservation of Rights. The parties acknowledge and agree that
all rights and obligations of the Pass Through Trustees, the Pass Through Company and any
Certificateholder under the Operative Documents for any period prior to the effective date of this
Amendment (or, in the case of any rights under the Operative Documents referred to in Section
2.01(j), 2.01(l) and 2.05(f) above, for any period prior to the PTT Indemnity Limitation Date
referred to in Section 2.01(j) above) shall survive and shall be subject to the terms and
conditions set forth in such Operative Document as in effect immediately prior to the effectiveness
of this Amendment.

Section 6. Certain Clarifications. Each of the parties to each of the Operative Documents hereby
agree and confirm their mutual understanding regarding the intent and interpretation of the
following clauses of the Broad River Transaction Documents and the Broad River Collateral
Enhancement Documents (without in any manner, except as expressly and specifically set forth below,
otherwise limiting the applicability of any such clause, the interpretation thereof or the intent
set forth therein):

6.01 Intercompany Loans/Advances. Section 5.15 of each Participation
Agreement applies to and prohibits any and all extensions of credit, loans, advances
or other transfers of funds of any nature (including any thereof to or for the
benefit of the Facility Lessee), it being expressly acknowledged and agreed that, so
long as a Lease Event of Default shall not have occurred and be continuing, Section
5.15 does not apply to or limit any dividend or other distribution payable solely
on, and in respect of, the membership interests of the Facility Lessee in the nature
of a return on or of such membership interests.

6.02 Security Interest. Section 2(a) of each of the Pledge Agreements is
hereby amended by adding a new sentence to the end of such Section as follows:

“Notwithstanding anything to the contrary provided herein, except during such time as a
Lease Event of Default shall have occurred and be continuing, Pledgor shall have all rights
to retain and use free of the security interest created hereunder any and all dividends or
other distributions payable on, and in respect of, the membership interests of the Facility
Lessee in the nature of a return on or of such membership interests

18

 

(collectively, a “Dividend”) to the extent any such Dividend is paid or distributed in
accordance with the Operative Documents.”

Section 7. Effectiveness. All amendments and other agreements set forth in Sections 2, 3, 4 and 5
of this Amendment shall become effective on the first day (the “Effective Date”) that all parties
hereto shall have executed this Amendment and all conditions precedent as set forth in Section 2.1
of that certain Settlement Agreement, dated as of June 14, 2006 (the “Settlement Agreement”),
among, inter alia, Calpine, certain of controlled subsidiaries of Calpine (including Broad River),
CIT Credit Group USA Inc., and the Broad River Owner Lessors, shall have been satisfied or waived
in writing, in whole or in part, by each of the parties thereto.

Section 8. Amendments; Extensions. Except as expressly provided herein, the terms of this
Amendment may be modified, amended or waived only by an instrument in writing executed by each of
the parties hereto.

Section 9. Continuing Effect. Except as expressly provided, amended or modified herein or in any
of the transactions contemplated hereby, the Broad River Transaction Documents and the Broad River
Collateral Enhancement Documents shall remain unchanged and in full force and effect, and all
rights, powers and remedies of the parties are hereby expressly reserved.

Section 10. Representations and Warranties. Each Person executing this Amendment represents,
warrants and covenants that he/she has the full right and authority to enter into this Amendment on
behalf of the party hereto on whose behalf such execution is made, and has the full right and
authority to fully bind said party to the terms and obligations of this Amendment.

Section 11. Counterparts. This Amendment may be executed in any number of counterparts, all of
which taken together shall constitute one and the same instrument, and any of the parties hereto
may execute this Amendment by signing any such counterpart.

Section 12. Benefit of Agreement. This Amendment is solely for the benefit of the signatories
hereto (and their respective successors and assigns), and no other Person (including without
limitation any other creditor of or claimant against the Facility Lessee, the Pledgor or Calpine or
any member or shareholder of the Facility Lessee, the Pledgor or Calpine) shall have any rights
under, or because of the existence of, this Amendment.

Section 13. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK.

Section 14. Waiver of Jury Trial. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR
RELATING TO THIS AMENDMENT, THE OTHER TRANSACTION DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED HEREBY
OR THEREBY.

Section 15. Further Assurances. Each of the parties hereto shall execute all additional documents
and do all acts not specifically referred to herein which are reasonably necessary to effectuate
the intent of this Amendment.

19

 

Section 16. Binding Effect. This Amendment shall be binding upon and shall inure to the benefit of
the parties signatory hereto and their respective legal representatives, heirs, successors and
assigns, including, but not limited to, any successor Noteholder or any chapter 7 or chapter 11
trustee appointed by the Bankruptcy Court.

[SIGNATURE PAGES FOLLOW]

20

 

          IN WITNESS WHEREOF, the parties hereto, by their officers duly authorized, have caused this
Amendment to be duly executed and delivered as of the date first above written.

	 	 	 	 	 	 	 
	 	 	BROAD RIVER ENERGY LLC,

as Facility Lessee	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Zamir Rauf
 

Name: Zamir Rauf
	 	 
	 

	 	 	 	Title: Authorized Agent	 	 

 

 

	 	 	 	 	 	 	 
	 	 	CALPINE CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Zamir Rauf
 

Name: Zamir Rauf
	 	 
	 

	 	 	 	Title: Senior Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	BROAD RIVER HOLDINGS, LLC,	 	 
	 	 	as Pledgor under each of the Pledge Agreements
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Zamir Rauf
 

Name: Zamir Rauf
	 	 
	 

	 	 	 	Title: Authorized Agent	 	 

 

 

	 	 	 	 	 	 	 
	 	 	BROAD RIVER OL-1, LLC,	 	 
	 	 	as Owner Lessor and as Noteholder	 	 
	 
	 	 	 	 	 	 
	 	 	By: WELLS FARGO BANK NORTHWEST,
	 	 	NATIONAL ASSOCIATION	 	 
	 	 	not in its individual capacity but solely as

Lessor Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	BROAD RIVER OL-2, LLC,	 	 
	 	 	as Owner Lessor and as Noteholder	 	 
	 
	 	 	 	 	 	 
	 	 	By: WELLS FARGO BANK
NORTHWEST, 
NATIONAL ASSOCIATION
	 	 	not in its individual capacity but solely as

Lessor Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	BROAD RIVER OL-3, LLC,	 	 
	 	 	as Owner Lessor and as Noteholder	 	 
	 
	 	 	 	 	 	 
	 	 	By: WELLS FARGO BANK
NORTHWEST, 
NATIONAL ASSOCIATION
	 	 	not in its individual capacity but solely as

Lessor Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	BROAD RIVER OL-4, LLC,	 	 
	 	 	as Owner Lessor and as Noteholder	 	 
	 
	 	 	 	 	 	 
	 	 	By: WELLS FARGO BANK
NORTHWEST,
 NATIONAL ASSOCIATION
	 	 	not in its individual capacity but solely as

Lessor Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	SBR OP-1 LLC,	 	 
	 	 	as Owner Participant	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	SBR OP-2 LLC,	 	 
	 	 	as Owner Participant	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	SBR OP-3 LLC,	 	 
	 	 	as Owner Participant	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	SBR OP-4 LLC,	 	 
	 	 	as Owner Participant	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	U.S. BANK NATIONAL ASSOCIATION,	 	 
	 	 	as Indenture Trustee	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Pamela J. Wieder
 

Name: Pamela J. Wieder
	 	 
	 

	 	 	 	Title: V.P.	 	 

 

 

	 	 	 	 	 	 	 
	 	 	U.S. BANK NATIONAL ASSOCIATION,	 	 
	 	 	as Pass Through Trustee under each of the Pass
Through Trust Agreements	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Pamela J. Wieder
 

Name: Pamela J. Wieder
	 	 
	 

	 	 	 	Title: V.P.	 	 

 

 

	 	 	 	 	 	 	 
	 	 	BRSP, LLC,	 	 
	 	 	as Noteholder	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Harold J. Schroeder
 

Name: Harold J. Schroeder
	 	 
	 

	 	 	 	Title: Senior Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	WELLS FARGO BANK NORTHWEST,	 	 
	 	 	   NATIONAL ASSOCIATION,	 	 
	 	 	as Lessor Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	by:
	 	   /s/ Robert L. Reynolds
 

Name: Robert L. Reynolds
	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

Schedule A

Broad River Transaction Documents

	 	 	 	 	 	 	 
	 

	 	 	1.	 	 	Participation Agreement (BR-1)
	 
	 

	 	 	2.	 	 	Participation Agreement (BR-2)
	 
	 

	 	 	3.	 	 	Participation Agreement (BR-3)
	 
	 

	 	 	4.	 	 	Participation Agreement (BR-4)
	 
	 

	 	 	5.	 	 	Assignment Agreement (BR-1)
	 
	 

	 	 	6.	 	 	Assignment Agreement (BR-2)
	 
	 

	 	 	7.	 	 	Assignment Agreement (BR-3)
	 
	 

	 	 	8.	 	 	Assignment Agreement (BR-4)
	 
	 

	 	 	9.	 	 	Facility Lease (BR-1)
	 
	 

	 	 	10.	 	 	Facility Lease (BR-2)
	 
	 

	 	 	11.	 	 	Facility Lease (BR-3)
	 
	 

	 	 	12.	 	 	Facility Lease (BR-4)
	 
	 

	 	 	13.	 	 	Facility Site Lease (BR-1)
	 
	 

	 	 	14.	 	 	Facility Site Lease (BR-2)
	 
	 

	 	 	15.	 	 	Facility Site Lease (BR-3)
	 
	 

	 	 	16.	 	 	Facility Site Lease (BR-4)
	 
	 

	 	 	17.	 	 	Springing Facility Site Lease (BR-1)
	 
	 

	 	 	18.	 	 	Springing Facility Site Lease (BR-2)
	 
	 

	 	 	19.	 	 	Springing Facility Site Lease (BR-3)
	 
	 

	 	 	20.	 	 	Springing Facility Site Lease (BR-4)
	 
	 

	 	 	21.	 	 	Springing Facility Site Sublease (BR-1)
	 
	 

	 	 	22.	 	 	Springing Facility Site Sublease (BR-2)
	 
	 

	 	 	23.	 	 	Springing Facility Site Sublease (BR-3)
	 
	 

	 	 	24.	 	 	Springing Facility Site Sublease (BR-4)
	 
	 

	 	 	25.	 	 	Pass Through Trust Agreement A
	 
	 

	 	 	26.	 	 	Pass Through Trust Agreement B
	 
	 

	 	 	27.	 	 	Tax Indemnity Agreement (BR-1)
	 
	 

	 	 	28.	 	 	Tax Indemnity Agreement (BR-2)
	 
	 

	 	 	29.	 	 	Tax Indemnity Agreement (BR-3)
	 
	 

	 	 	30.	 	 	Tax Indemnity Agreement (BR-4)
	 
	 

	 	 	31.	 	 	Tri-Party Agreement
	 
	 

	 	 	32.	 	 	Certificate Purchase Agreement
	 
	 

	 	 	33.	 	 	Ownership and Operation Agreement
	 
	 

	 	 	34.	 	 	Collateral Trust Indenture (BR-1)
	 
	 

	 	 	35.	 	 	Collateral Trust Indenture (BR-2)
	 
	 

	 	 	36.	 	 	Collateral Trust Indenture (BR-3)
	 
	 

	 	 	37.	 	 	Collateral Trust Indenture (BR-4)
	 
	 

	 	 	38.	 	 	Lessor Notes
	 
	 

	 	 	39.	 	 	Certificates
	 
	 

	 	 	40.	 	 	Calpine Guaranty (BR-1)
	 
	 

	 	 	41.	 	 	Calpine Guaranty (BR-2)
	 
	 

	 	 	42.	 	 	Calpine Guaranty (BR-3)
	 
	 

	 	 	43.	 	 	Calpine Guaranty (BR-4)
	 
	 

	 	 	44.	 	 	OP Parent Guaranty (BR-1)
	 
	 

	 	 	45.	 	 	OP Parent Guaranty (BR-2)
	 
	 

	 	 	46.	 	 	OP Parent Guaranty (BR-3)
	 
	 

	 	 	47.	 	 	OP Parent Guaranty (BR-4)

 

 

Schedule B

Broad River Collateral Enhancement Documents

	 	1.	 	Letter Agreement regarding consent and waiver, dated September 30, 2003, among Calpine,
South Point, Broad River, RockGen, U.S. Bank National Association, and each of the Broad
River, South Point and RockGen Owner Participants and each of the Broad River, South Point
and RockGen Owner Lessors
	 
	 	2.	 	Letter Agreement, dated as of September 30, 2003, regarding certain waivers by each
Facility Lessee of rights under 7.1 of the Participation Agreements, among Calpine, South
Point, Broad River, RockGen, and each of the Broad River, South Point and RockGen Owner
Participants and each of the Broad River, South Point and RockGen Owner Lessors
	 
	 	3.	 	Agreement, dated as of September 30, 2003, among Calpine, South Point, Broad River,
RockGen, and Newcourt Capital USA Inc.
	 
	 	4.	 	Pledge and Security Agreement (BR-1), dated September 30, 2003, among Broad River
Holdings, LLC, Calpine, Broad River and Broad River OL-1, LLC
	 
	 	5.	 	Pledge and Security Agreement (BR-2), dated September 30, 2003, among Broad River
Holdings, LLC, Calpine, Broad River and Broad River OL-2, LLC
	 
	 	6.	 	Pledge and Security Agreement (BR-3), dated September 30, 2003, among Broad River
Holdings, LLC, Calpine, Broad River and Broad River OL-3, LLC
	 
	 	7.	 	Pledge and Security Agreement (BR-4), dated September 30, 2003, among Broad River
Holdings, LLC, Calpine, Broad River and Broad River OL-4, LLC
	 
	 	8.	 	Supplemental Indenture (BR-1), dated September 30, 2003, Broad River OL-1, LLC and
U.S. Bank National Association
	 
	 	9.	 	Supplemental Indenture (BR-2), dated September 30, 2003, Broad River OL-2, LLC and
U.S. Bank National Association
	 
	 	10.	 	Supplemental Indenture (BR-3), dated September 30, 2003, Broad River OL-3, LLC and
U.S. Bank National Association
	 
	 	11.	 	Supplemental Indenture (BR-4), dated September 30, 2003, Broad River OL-4, LLC and
U.S. Bank National Association

B-1-1

 

Schedule C

FORM
OF BROAD RIVER SETTLEMENT AGREEMENT ADDITIONAL 
LESSOR NOTES
SERIES [A][B]

BROAD RIVER OL-[_], LLC

NONRECOURSE PROMISSORY NOTE (BROAD RIVER-SETTLEMENT 
AGREEMENT ADDITIONAL LESSOR NOTES) DUE IN

A SERIES OF INSTALLMENTS OF PRINCIPAL

WITH FINAL PAYMENT DATE

OF MAY 30, [2012] [2019]

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE

SECURITIES ACT OF 1933 AND MAY NOT BE TRANSFERRED,

SOLD OR OFFERED FOR SALE IN VIOLATION OF SUCH ACT

Issued at: New York, New York

Issue Date: July __, 2006

$[_____]

     BROAD RIVER OL-[_], LLC, a Delaware limited liability company (herein called the “Owner
Lessor”, which term includes any successor person under the Collateral Trust Indenture
hereinafter referred to), hereby promises to pay to BRSP, LLC, or its registered assigns, the
principal sum of $[___], which is due and payable in a series of installments of principal with a
final payment date of May 30, [2012][2019] together with interest at the rate of [8.40 for Series
A][9.825 for Series B]% per annum on the principal remaining unpaid from time to time from and
including the date subsequent to the Issue Date until paid in full. Interest on the outstanding
principal amount under this Note shall be due and payable in arrears semiannually at the rate
specified above, commencing on November 30, 2006, and on each May 30 and November 30 thereafter
until the principal of this Note is paid in full or made available for payment. Interest shall be
computed on the basis of a 360-day year of twelve 30-day months.

     The principal of this Note shall be due and payable in installments on each of the
dates set forth on Schedule I hereto. The installment of principal payable on any such date shall
be in an aggregate amount equal to the product of the Principal Portion set forth on Schedule I
multiplied by the percentage set forth on Schedule I

B-1-2

 

under the column headed “Percentage of Principal Amount Payable” for such date unless the
Principal Portion has been prepaid; provided, that the final installment of principal shall be
equal to the then unpaid principal balance of this Note.

     Capitalized terms used in this Note that are not otherwise defined herein shall have the
meanings ascribed thereto in the Indenture of Trust, Mortgage and Security Agreement dated as of
October 18, 2001 (the “Collateral Trust Indenture”), between the Owner Lessor and U.S.
Bank, National Association as successor in interest to State Street Bank and Trust Company of
Connecticut, National Association, as trustee (the “Indenture Trustee”).

     Interest (computed on the basis of a 360-day year of twelve 30-day months) on any overdue
principal and premium, if any, and (to the extent permitted by Applicable Law) any overdue interest
shall be paid, on demand, from the due date thereof at the Overdue Rate for the period during which
any such principal, premium or interest shall be overdue.

     In the event any date on which a payment is due under this Note is not a Business Day, then
payment thereof shall be made on the next succeeding Business Day with the same force and effect as
if made on the date on which such payment was due.

     Except as otherwise specifically provided in the Collateral Trust Indenture and in the
Participation Agreement, all payments of principal, premium, if any, and interest on this Note, and
all payments of any other amounts due hereunder or under the Collateral Trust Indenture shall be
made only from the Indenture Estate, and the Indenture Trustee shall have no obligation for the
payment thereof except to the extent that the Indenture Trustee shall have sufficient income or
proceeds from the Indenture Estate to make such payments in accordance with the terms of Section 3
of the Collateral Trust Indenture. The holder hereof, by its acceptance of this Note, agrees that
it will look solely to the income and proceeds from the Indenture Estate to the extent available
for distribution to the holder hereof, as herein provided, and that, none of the Owner Participant,
the Owner Lessor or the Indenture Trustee is or shall be personally liable to the holder hereof for
any amounts payable under this Note or under the Collateral Trust Indenture, or, except as
expressly provided in the Collateral Trust Indenture or, in the case of the Owner Participant and
the Owner Lessor, the Participation Agreement for any performance to be rendered under the
Collateral Trust Indenture or any Assigned Document or for any liability under the Collateral Trust
Indenture or any Assigned Document.

     The principal of and premium, if any, and interest on this Note shall be paid by the
Indenture Trustee, without any presentment or surrender of this Note, except

B-1-3

 

that, in the case of the final payment in respect of this Note, this Note shall be surrendered
to the Indenture Trustee, by mailing a check for the amount then due and payable, in New York
Clearing House funds, to the Noteholder, at the last address of the Noteholder appearing on the
Note Register, or by whichever of the following methods specified by notice from the Noteholder to
the Indenture Trustee: (a) by crediting the amount to be distributed to the Noteholder to an
account maintained by the Noteholder with the Indenture Trustee, (b) by making such payment to the
Noteholder in immediately available funds at the Indenture Trustee Office, or (c) by transferring
such amount in immediately available funds for the account of the Noteholder to the banking
institution having bank wire transfer facilities as shall be specified by the Noteholder, such
transfer to be subject to telephonic confirmation of payment. All payments due with respect to
this Note shall be made (i) as soon as practicable prior to the close of business on the date the
amounts to be distributed by the Indenture Trustee are actually received by the Indenture Trustee
if such amounts are received by 12:00 noon, New York City time, on a Business Day or (ii) on the
next succeeding Business Day if received after such time or if received on any day other than a
Business Day. Prior to due presentment for registration of transfer of this Note, the Owner Lessor
and the Indenture Trustee may deem and treat the Person in whose name this Note is registered on
the Note Register as the absolute owner and holder of this Note for the purpose of receiving
payment of all amounts payable with respect to this Note and for all other purposes, and neither
the Owner Lessor nor the Indenture Trustee shall be affected by any notice to the contrary. All
payments made on this Note in accordance with the provisions of this paragraph shall be valid and
effective to satisfy and discharge the liability on this Note to the extent of the sums so paid and
neither the Indenture Trustee nor the Owner Lessor shall have any liability in respect of such
payment.

     The holder hereof, by its acceptance of this Note, agrees that each payment received by it
hereunder shall be applied in the manner set forth in Section 2.7 of the Collateral Trust
Indenture, which provides that each payment on the Note shall be applied as follows:
first, to the payment of accrued interest (including interest on overdue principal and the
Make Whole Amount, if any, and, to the extent permitted by Applicable Law, overdue interest) on
this Note to the date of such payment; second, to the payment of the principal amount of,
and the Make Whole Amount, if any, on this Note then due (including any overdue installments of
principal) thereunder; and third, to the extent permitted by Section 2.10 of the Collateral
Trust Indenture, the balance, if any, remaining thereafter, to the payment of the principal amount
of, and the Make Whole Amount, if any, on this Note.

     This Note is the Note referred to in the Collateral Trust Indenture as the “Settlement
Agreement Additional Lessor Note”. The Collateral Trust Indenture permits the issuance of
additional notes (“Additional Lessor Notes”), as provided in

B-1-4

 

Section 2.12 of the Collateral Trust Indenture, and the several Notes may be for varying
principal amounts and may have different maturity dates (not later than the final maturity date of
the applicable series of the Initial Lessor Notes), interest rates, redemption provisions and other
terms. The properties of the Owner Lessor included in the Indenture Estate are pledged or
mortgaged to the Indenture Trustee to the extent provided in the Collateral Trust Indenture as
security for the payment of the principal of and premium, if any, and interest on this Note and all
other Notes issued and outstanding from time to time under the Collateral Trust Indenture.

     Reference is hereby made to the Collateral Trust Indenture for a statement of the rights of
the holder of, and the nature and extent of the security for, this Note and of the rights of, and
the nature and extent of the security for, the holders of the other Notes and of certain rights of
the Owner Lessor and the Owner Participant, as well as for a statement of the terms and conditions
of the trust created by the Collateral Trust Indenture, to all of which terms and conditions the
holder hereof agrees by its acceptance of this Note.

     This Note is subject to redemption, in whole but not in part as provided in the Collateral
Trust Indenture, as follows: (x) in the case of redemptions under the circumstances set forth in
Section 2.10(a) of the Collateral Trust Indenture, at a price equal to the principal amount of this
Note being redeemed together with accrued interest on such principal amount to the Redemption Date,
and (y) in the case of redemptions under the circumstances set forth in Sections 2.10(d) of the
Collateral Trust Indenture, at a price equal to the principal amount of this Note then outstanding
together with accrued interest on such principal amount to the Redemption Date, plus the Make-Whole
Amount, if any; provided, however, that no such redemption shall be made until notice thereof is
given by the Indenture Trustee to the holder hereof as provided in the Collateral Trust Indenture.

     In case either (i) a Regulatory Event of Loss under the Facility Lease shall occur or
(ii) the Facility Lease shall have been terminated pursuant to Section 13.1 or 13.2 thereof where
the Facility Lessee purchases the Undivided Interest from the Owner Lessor, the obligations of the
Owner Lessor under this Note may, subject to the conditions set forth in Section 2.10(b) of the
Collateral Trust Indenture, be assumed in whole (but not in part) by the Facility Lessee in which
case the Owner Lessor shall be released and discharged from all such obligations. In connection
with such an assumption, the holder of this Note may be required to exchange this Note for a new
Note evidencing such assumption.

     In case a Collateral Trust Indenture Event of Default shall occur and be continuing, the
unpaid balance of the principal of this Note together with all accrued but unpaid interest thereon
may, subject to certain rights of the Owner Lessor and the

B-1-5

 

Owner Participant contained or referred to in the Collateral Trust Indenture, be declared or
may become due and payable in the manner and with the effect provided in the Collateral Trust
Indenture.

     There shall be maintained at the Indenture Trustee Office a register for the purpose of
registering transfers and exchanges of Notes in the manner provided in the Collateral Trust
Indenture. The transfer of this Note is registrable, as provided in the Collateral Trust
Indenture, upon surrender of this Note for registration of transfer duly accompanied by a written
instrument of transfer duly executed by or on behalf of the registered holder hereof, together with
the amount of any applicable transfer taxes.

     It is expressly understood and agreed by the holder of this Note that (a) this Note is
executed and delivered by Wells Fargo Bank Northwest, National Association, not individually or
personally but solely as the lessor manager (the “Lessor Manager”), of the Owner Lessor, in the
exercise of the powers and authority conferred and vested in it pursuant thereto, (b) each of the
undertakings and agreements in this Note made on the part of the Owner Lessor is made and intended
not as personal undertakings and agreements by the Lessor Manager but is made and intended for the
purpose for binding only the Owner Lessor, (c) nothing contained in this Note shall be construed as
creating any liability on the Lessor Manager individually or personally, to perform any covenant
either expressed or implied contained in this Note, all such liability, if any, being expressly
waived by the holder of this Note or by any Person claiming by, through or under such holder, and
(d) under no circumstances shall the Lessor Manager, be personally liable for the payment of any
indebtedness or expenses of the Owner Lessor or be liable for the breach or failure of any
obligation, representation, warranty or covenant made or undertaken by the Owner Lessor under this
Note.

     This Note shall be governed by the laws of the State of New York.

B-1-6

 

     IN WITNESS WHEREOF, the Owner Lessor has caused this Note to be duly executed as of the date
hereof.

	 	 	 	 	 	 	 
	 	 	BROAD RIVER OL-[_], LLC	 	 
	 	 	a Delaware limited liability company,	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Wells Fargo Bank
Northwest, National Association, not in its individual
capacity but solely as the Lessor Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 

 

 

     This is the Settlement Agreement Additional Lessor Note referred to in the within-mentioned
Collateral Trust Indenture duly executed as of the date hereof.

	 	 	 	 	 
	 	 	U.S. BANK NATIONAL
ASSOCIATION, 
as successor in
interest to STATE STREET BANK AND TRUST COMPANY
OF CONNECTICUT, NATIONAL ASSOCIATION,
not in its individual capacity, but solely as 

the Indenture Trustee
	 
	 	 	 	 
	 
	 	 	 
	 

	 	Name:	 	 
	 

	 	Title:	 	 

 

 

FORM OF TRANSFER NOTICE

          FOR VALUE RECEIVED the undersigned registered holder hereby sell(s) assign(s) and transfer(s)
unto

	 	 	 
	Insert Taxpayer Identification No.
	 
	 	 
	 	 	 
	 
	 	 
	 	 	 
	(Please print or typewrite name and address including zip code of assignee)
	 
	 	 
	 	 	 
	the within Note and all rights thereunder, hereby irrevocably constituting and appointing
	 
	 	 
	 	 	 
	attorney to transfer said Note on the books of the Issuer with full power of substitution in the
premises.

	 	 	 	 	 	 	 
	Date:
	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 

	 	 	 	 	 	(Signature of Transferor)
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	NOTE: The signature to this assignment must correspond with
the name as written upon the face of the within-mentioned
instrument in every particular, without alteration or any
change whatsoever.

 

 

SCHEDULE I

TO NOTE

Schedule Of Principal Amortization

Series A Settlement Agreement Additional Lessor Note.

Principal Portion: $_________

	 	 	 	 	 
	 	 	Percentage of Principal
	Regular Distribution Date	 	Amount Payable
	November 30, 2006
	 	 	12.50000000	%
	May 30, 2007
	 	 	13.76811594	%
	November 30, 2007
	 	 	14.67391304	%
	May 30, 2008
	 	 	16.12318841	%
	November 30, 2008
	 	 	17.02898551	%
	May 30, 2009
	 	 	18.29710145	%
	November 30, 2009
	 	 	7.60869565	%
	 
	 	 	 	 
	 
	 	 	 	 
	Total
	 	 	100.00000000	%
	 
	 	 	 	 

Omnibus Amendment to

Operative Documents and Agreement — Broad River
 

 

 

Series B Settlement Agreement Additional Lessor Note.

Principal Portion: $                    

	 	 	 	 	 
	 	 	Percentage of Principal
	Regular Distribution Date	 	Amount Payable
	November 30, 2006
	 	 	0.00000000	%
	May 30, 2007
	 	 	0.00000000	%
	November 30, 2007
	 	 	0.00000000	%
	May 30, 2008
	 	 	0.00000000	%
	November 30, 2008
	 	 	0.00000000	%
	May 30, 2009
	 	 	0.00000000	%
	November 30, 2009
	 	 	0.00000000	%
	May 30, 2010
	 	 	0.00000000	%
	November 30, 2010
	 	 	0.00000000	%
	May 30, 2011
	 	 	0.00000000	%
	November 30, 2011
	 	 	0.00000000	%
	May 30, 2012
	 	 	0.00000000	%
	November 30, 2012
	 	 	0.00000000	%
	May 30, 2013
	 	 	0.00000000	%
	November 30, 2013
	 	 	0.00000000	%
	May 30, 2014
	 	 	0.00000000	%
	November 30, 2014
	 	 	0.00000000	%
	May 30, 2015
	 	 	0.00000000	%
	November 30, 2015
	 	 	0.00000000	%
	May 30, 2016
	 	 	0.00000000	%
	November 30, 2016
	 	 	0.00000000	%
	May 30, 2017
	 	 	0.00000000	%
	November 30, 2017
	 	 	0.00000000	%
	May 30, 2018
	 	 	0.00000000	%
	November 30, 2018
	 	 	0.00000000	%
	May 30, 2019
	 	 	100.00000000	%
	 
	 	 	 	 
	 
	 	 	 	 
	Total
	 	 	100.00000000	%
	 
	 	 	 	 

Omnibus Amendment to

Operative Documents and Agreement — Broad Riverexv10w1w1w6

 

Exhibit 10.1.1.6

EXECUTION COPY

THIRD AMENDMENT

          THIRD AMENDMENT (this “Amendment”), dated as of December 20, 2006, to 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 thereto (collectively, the “Lenders”).

WITNESSETH:

          WHEREAS, the Borrower, the Lenders and the Agents are parties to the Credit Agreement;

          WHEREAS, the Borrower has requested that the Lenders agree to amend certain financial
covenants and other provisions of the Credit Agreement as set forth below; and

          WHEREAS, the Lenders have agreed to such requested amendments, but only upon the terms and
conditions set forth herein;

          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:

 

2

          SECTION 1. DEFINITIONS. Unless otherwise defined herein, capitalized terms are used herein as
defined in the Credit Agreement.

          SECTION 2. AMENDMENTS.

               2.1 Amendments to Section 1.1. Section 1.1 of the Credit Agreement is hereby
amended by adding the following new defined terms in their appropriate alphabetical order:

          ““CalGen Adequate Protection Stipulation”: the “Agreed Order Further Modifying
the Order Authorizing Use of Cash Collateral and Granting Adequate Protection” entered into
among the Debtors, Wilmington Trust FSB, as indenture trustee, HSBC Bank USA, National
Association, as indenture trustee, Manufacturers Traders & Trust Company, as indenture
trustee, and Wilmington Trust Company, as collateral agent, in form and substance acceptable
to the Administrative Agents and filed with the Bankruptcy Court on December 8, 2006,
granting, inter-alia, adequate protection to CalGen Holdings, Inc. and/or any of its
Subsidiaries.

          “CalGen Cash Collateral Account”: a segregated account of the Borrower or any
of its Subsidiaries which is a Debtor into which Unrestricted Cash (as defined in the CalGen
Adequate Protection Stipulation) distributed by the CalGen Parties pursuant to the Calgen
Adequate Protection Stipulation is held pending the use of such Unrestricted Cash by the
Borrower or such Subsidiary.

          “CalGen Parties”: collectively, CalGen Holdings, Inc. and its Subsidiaries.

          “Goldendale”: Goldendale Energy Center, LLC.

          “Goldendale Newco”: a limited liability company to be formed after the Third
Amendment Effective Date which shall be a direct Subsidiary of Goldendale.

          “Otay Mesa”: Otay Mesa Energy Center, LLC.

          “Otay Mesa Motion”: the “Motion For Entry of an Order (A) Approving the PPA
Reinstatement Agreement Between Certain of the Debtors, Otay Mesa Energy Center, LLC and San
Diego Gas & Electric Company; (B) Authorizing Intercompany Transfers of Assets Comprising
the Otay Mesa Project to Otay Mesa Energy Center, LLC Free and Clear of All Liens, Claims
and Encumbrances and Other Interests; (C) Authorizing the Assumption and Assignment of
Certain Executory Contracts and Unexpired Leases in Connection Therewith; (D) Authorizing
Calpine Corporation to Make Capital Contributions to Otay Mesa Energy Center, LLC ; and (E)
Granting Related Relief” filed by the Borrower and certain other Debtors in the Cases on
October 23, 2006 (Docket number 2922), seeking the approval of the Bankruptcy Court for the
transactions described therein, together with the order (which shall be in form and
substance reasonably acceptable to the Administrative Agents), granting such motion.

 

3

          “Third Amendment Effective Date”: has the meaning set forth in the Third
Amendment, dated as of December 20, 2006, to this Agreement.”.

          2.2 Amendment to Section 2.17.

               (a) Section 2.17(b) of the Credit Agreement is hereby amended in its entirety to read as
follows:

          “(b) Amounts to be applied in connection with prepayments of the Loans and Commitment
reductions made pursuant to Section 2.17(a) shall be applied, first, to the
prepayment of the First Priority Term Loans (in accordance with Section 2.20(b)) until the
First Priority Term Loans are paid in full and, second, to the prepayment of the
Second Priority Term Loans until paid in full. The application of any prepayment pursuant
to Section 2.17 shall be made, first, to Base Rate Loans and, second, to
Eurodollar Loans; provided, however, in connection with any such prepayments
of the Term Loans pursuant to Section 2.17(a), such prepayments shall be applied on a pro
rata basis to the then outstanding applicable Term Loans being prepaid irrespective of
whether such outstanding Term Loans are Base Rate Loans or Eurodollar Loans;
provided that if any Lender accepts such prepayment pursuant to Section 2.17(e),
then, with respect to such prepayment, the amount of such prepayment shall be applied first
to Term Loans that are Base Rate Loans to the full extent thereof before application to Term
Loans that are Eurodollar Loans in a manner that minimizes the amount of any payments
required to be made by the Borrower pursuant to Section 2.23. Each prepayment of the Loans
under Section 2.17 shall be accompanied by accrued interest to the date of such prepayment
on the amount prepaid.”.

               (b) Section 2.17(e) of the Credit Agreement is hereby amended in its entirety to read as
follows:

          “(e) Notwithstanding anything to the contrary in Section 2.17(b) or 2.20, with respect
to the amount of any mandatory prepayment described in Section 2.17 (such amount, the
“Prepayment Amount”), the Borrower will, on the date specified in Section 2.17 for
such prepayment, give the Administrative Agents telephonic notice (promptly confirmed in
writing) requesting that the First Priority Agent prepare and provide to each First Priority
Term Lender a notice (each, a “Prepayment Option Notice”) as described below. As
promptly as practicable after receiving such notice from the Borrower, the First Priority
Agent will send to each First Priority Term Lender a Prepayment Option Notice, which shall
be substantially in the form of Exhibit I, and shall include an offer (“Offer”) by
the Borrower to prepay on the date (each a “Mandatory Prepayment Date”) that is ten
(10) Business Days after the date of the Prepayment Option Notice, the relevant First
Priority Term Loans of such Lender by an amount equal to the portion of the Prepayment
Amount indicated in such Lender’s Prepayment Option Notice. Each First Priority Term Lender
may accept or reject the Offer contained in the Prepayment Option Notice. Unless the Offer
is affirmatively accepted by a First Priority Term Lender as set forth below, the Offer
shall be deemed
rejected by such First Priority Term Lender. With respect to First Priority Term
Lenders accepting such Offer, on the Mandatory Prepayment Date, the First Priority Agent
shall

 

4

pay to the relevant First Priority Lenders the aggregate amount necessary to prepay
that portion of the outstanding relevant First Priority Term Loans in respect of which such
Lenders have accepted prepayment. Any First Priority Term Lenders accepting such Offer
must, as soon as practicable, but in no event later than five (5) Business Days after
receipt of the Prepayment Option Notice, give the First Priority Agent telephonic notice
(promptly confirmed in writing) of such acceptance and the First Priority Agent will give
the Borrower corresponding telephonic notice (promptly confirmed in writing). The amount
equal to the portion of the Prepayment Amount for which no notification of acceptance of the
Offer was received will be used, subject to the provisions of this Section 2.17(e) set forth
below, on the applicable Mandatory Prepayment Date to repay the Second Priority Term Loans
in accordance with Section 2.17(b). Notwithstanding anything to the contrary contained in
Section 2.17(b) or 2.20, with respect to the Prepayment Amount, the Borrower will, on the
date specified in Section 2.17 for such prepayment or no later than five (5) Business Days
after the applicable Mandatory Prepayment Date with respect to any amount not accepted by
the First Priority Term Lenders and to be applied to the prepayment of the Second Priority
Term Loans in accordance with the immediately preceding sentence, give the Administrative
Agents telephonic notice (promptly confirmed in writing) requesting that the Second
Priority Agent prepare and provide to each Second Priority Lender a Prepayment Option
Notice. As described above, the Second Priority Agent will send to each Second Priority
Lender a Prepayment Option Notice, which shall include an Offer by the Borrower to prepay on
the Mandatory Prepayment Date the relevant Second Priority Term Loans of such Lender by an
amount equal to the portion of the Prepayment Amount indicated in such Lender’s Prepayment
Option Notice. Each Second Priority Term Lender may accept or reject the Offer contained in
the Prepayment Option Notice. Unless the Offer is affirmatively accepted by a Second
Priority Term Lender as set forth below, the Offer shall be deemed rejected by such Second
Priority Term Lender. With respect to Second Priority Term Lenders accepting such Offer, on
the Mandatory Prepayment Date, the First Priority Agent shall pay to the relevant Second
Priority Lenders the aggregate amount necessary to prepay that portion of the outstanding
relevant Second Priority Term Loans in respect of which such Lenders have accepted
prepayment. Any Second Priority Term Lenders accepting such offer must, as soon as
practicable, but in no event later than five (5) Business Days after receipt of the
Prepayment Option Notice, give the Administrative Agents, telephonic notice (promptly
confirmed in writing) of such acceptance and the Second Priority Agent will give the
Borrower telephonic notice of the same (promptly confirmed in writing), and the amount equal
to the portion of the Prepayment Amount for which no notification of acceptance of the Offer
was received will be used to repay any outstanding Revolving Loans, provided that
such repayments of the Revolving Loans shall not reduce the Total Revolving Commitments.”.

               2.3 Amendment to Section 6.1. Section 6.1 of the Credit Agreement is hereby amended by
deleting clause (n) thereof in its entirety and inserting in lieu thereof a new paragraph (n) as
follows:

          “(n) Swap Agreements incurred in the ordinary course of business and consistent with
applicable risk management guidelines established by the Borrower from time to time and
delivered to the Administrative Agents and in connection with Swap

 

5

Agreements entered into
with VMAC Energy I, LLC, associated reimbursement obligations, including with respect to
letters of credit, to providers of credit support for such Swap Agreements in amounts not
exceeding the notional amount of the Indebtedness outstanding under such Swap Agreements.”.

               2.4 Amendment to Section 6.2. Section 6.2 of the Credit Agreement is hereby amended
by (a) deleting the word “and” at the end of clause (m) therein, (b) deleting the period the period
at the end of clause (n) therein and substituting in lieu thereof a semicolon and (c) adding
immediately after clause (n) therein new clauses (o) and (p) as follows:

          “(o) first priority Liens on the Capital Stock of Otay Mesa to secure the obligations
of Otay Mesa and its Subsidiaries under any Project Financing (as defined in the Otay Mesa
Motion) entered into by Otay Mesa or any such Subsidiaries, as contemplated by the Otay Mesa
Motion; it being understood that the Liens of the Administrative Agent, for the benefit of
the Lenders, shall be released without any further action upon consummation of any such
Project Financing in accordance with Section 21 of the Security and Pledge Agreement; and

          (p) Liens granted to the CalGen Parties pursuant to the CalGen Adequate Protection
Stipulation.”.

               2.5 Amendment to Section 6.3. Section 6.3 of the Credit Agreement is hereby amended
by (a) deleting the word “and” at the end of clause (g) therein, (b) deleting the period at the
end of clause (h) therein and substituting in lieu thereof “; and” and (c) adding immediately
after clause (h) therein a new clause (i) as follows:

          “(i) Guarantee Obligations of the Borrower of obligations of Greenfield Project
Partnership under the contract described in Section 6.5(l).”.

               2.6 Amendment to Section 6.4. Section 6.4 of the Credit Agreement is hereby amended
by (a) deleting the word “and” at the end of clause (f) therein, (b) deleting the period at the
end of clause (g) therein and substituting in lieu thereof a semicolon and (c) adding immediately
after clause (g) therein new clauses (h) and (i) as follows:

          “(h) creation by Goldendale of Goldendale Newco; and

          (i) with the prior written consent of the Administrative Agents, mergers,
consolidations or liquidations not otherwise permitted above of Credit Parties or any of
their Subsidiaries which are inactive or have de minimis assets.”.

               2.7 Amendment to Section 6.5. Section 6.5 of the Credit Agreement is hereby amended by (a) deleting the word “and” at the
end of clause (j) therein, (b) deleting the period at the end of clause (k) therein and
substituting in lieu thereof a semicolon and (c) adding immediately after clause (k) therein new
clauses (l), (m), (n), (o) and (p) as follows:

          “(l) the Disposition by the Borrower, directly or indirectly, to Greenfield Project
Partnership of a purchase contract with Siemens Power Generation, Inc. relating

 

6

to warranties on turbines transferred to Greenfield Project Partnership prior to the Third
Amendment Effective Date;

          (m) the Disposition by the Borrower and Calpine Power Corporation of (i) the Facility
Assets, the Contributed Assets, the Interconnection Agreements, the CCMCI Assigned Contracts
and the Calpine Assigned Contracts (each as defined in the Otay Mesa Motion) to Otay Mesa
pursuant to the CTA (as defined in the Otay Mesa Motion) and (ii) the Lease and Sublease
(each as defined in the Otay Mesa Motion) to San Diego Gas & Electric Company pursuant to
the Reinstatement Agreement (as defined in the Otay Mesa Motion);

          (n) (i) the Disposition by Goldendale of all of its assets and liabilities to
Goldendale Newco substantially contemporaneously with the consummation of the Disposition of
all of the equity of Goldendale Newco owned by Goldendale and (ii) the Disposition of all of
the equity of Goldendale Newco owned by Goldendale;

          (o) the Disposition of all of the equity interests in Towantic Energy, LLC and CPN
Oxford, Inc., and upon the consummation of such Disposition the release of the guaranty and
other obligations hereunder, and a release of the Liens under the Loan Documents on the
equity interests and assets, of Towantic Energy LLC and CPN Oxford, Inc.; and

          (p) the Disposition of all of the equity interests in Skipanon Energy LLC., and upon
the consummation of such Disposition the release of the guaranty and other obligations
hereunder, and a release of the Liens under the Loan Documents on the equity interests and
assets, of Skipanon Energy LLC”.

               2.8 Amendment to Section 6.7. Section 6.7 of the Credit Agreement is hereby amended
by:

               (a) adding at the end of clause (d) therein immediately before the semicolon “which may be
expended at any time during the term of this Agreement”; and

               (b) deleting the date “December 31, 2006” where it appears in clause (l) therein and inserting
in lieu thereof the phrase “the Maturity Date”; and

               (c)(i) deleting the word “and” at the end of clause (m) therein, (ii) by deleting the period
at the end of clause (n) therein and substituting in lieu thereof “; and”, and (iii) by adding
immediately after clause (n) therein a new clause (o) as follows:

          “(o) the Borrower may cause Letters of Credit in an aggregate amount not to exceed
$25,000,000 to be issued hereunder in favor of San Diego Gas & Electric Company to support
the obligations of Otay Mesa under the Amended PPA (as defined in the Otay Mesa Motion).”.

               2.9 Amendment to Section 6.10. Section 6.10 of the Credit Agreement is hereby
amended by adding at the end thereof a new sentence as follows:

 

7

          “For the purposes of Section 6.10 and Section 6.20, cash distributed by the CalGen
Parties in accordance with the CalGen Cash Collateral Stipulation and on deposit in the
CalGen Cash Collateral Account shall constitute “restricted cash” and the lien and security
interest of the Lenders, the Collateral Agent and the Administrative Agents in the CalGen
Cash Collateral Account and the amounts distributed by the CalGen Parties in accordance with
the CalGen Cash Collateral Stipulation and deposited from time to time therein shall be
junior to the liens granted to the CalGen Parties therein pursuant to the CalGen Adequate
Protection Stipulation.”.

               2.10 Amendment to Section 6.11. Section 6.11 of the Credit Agreement is hereby amended by
adding at the end thereof immediately before the period the phrase “and Liens granted on the CalGen
Cash Collateral Account in favor of the CalGen Parties pursuant to the CalGen Adequate Protection
Stipulation and Liens on cash deposits provided as collateral pursuant to the terms of the Trading
Order”.

               2.11 Amendment to Section 6.13. Section 6.13 of the Credit Agreement is hereby
amended by adding at the end of the second sentence thereof the following:

“provided, that any such amount, if not so expended in the fiscal year for which it
is permitted, may be carried over for expenditure in the next succeeding fiscal year”.

               2.12 Amendment to Section 6.17. The table set forth in Section 6.17 of the Credit
Agreement for the months ended December 31, 2006 through November 30, 2007 is hereby amended in its
entirety to read as follows:

	 	 	 
	“Month	 	Geysers Leverage Ratio
	December 31, 2006
	 	9.50:1.00
	January 31, 2007
	 	9.75:1.00
	February 28, 2007
	 	9.75:1.00
	March 31, 2007
	 	10.00:1.00
	April 30, 2007
	 	10.00:1.00
	May 31, 2007
	 	10.00:1.00
	June 30, 2007
	 	10.00:1.00
	July 31, 2007
	 	10.00:1.00
	August 31, 2007
	 	10.00:1.00
	September 30, 2007
	 	10.00:1.00
	October 31, 2007
	 	10.00:1.00
	November 30, 2007
	 	10.00:1.00”.

               2.13 Amendment to Section 6.18. The table set forth in Section 6.18 of the Credit
Agreement for the months ended December 31, 2006 through November 30, 2007 is hereby amended in its
entirety to read as follows:

	 	 	 
	“Month	 	Geysers Interest Coverage Ratio
	December 31, 2006
	 	1.25:1.00
	January 31, 2007
	 	1.25:1.00

 

8

	 	 	 
	“Month	 	Geysers Interest Coverage Ratio
	February 28, 2007
	 	1.25:1.00
	March 31, 2007
	 	1.20:1.00
	April 30, 2007
	 	1.20:1.00
	May 31, 2007
	 	1.20:1.00
	June 30, 2007
	 	1.20:1.00
	July 31, 2007
	 	1.20:1.00
	August 31, 2007
	 	1.20:1.00
	September 30, 2007
	 	1.20:1.00
	October 31, 2007
	 	1.20:1.00
	November 30, 2007
	 	1.20:1.00”.

               2.14 Amendment to Section 6.21. Section 6.21 of the Credit Agreement is hereby
amended by adding at the end of such Section immediately before the period the following “and
other than the 2006 Adequate Protection Amount and the 2007 Adequate Protection Amount (as such
terms are defined in the Agreed Order Further Modifying Order Authorizing Use of Cash Collateral
and Granting Adequate Protection, entered by the Bankruptcy Court on or about December 20, 2006
(acceptable to the Administrative Agents and as entered on such date, the “Agreed
Order”)) so long as (v) each such payment is made in accordance with the Agreed Order, (w) at
the time of any such payment no Default or Event of Default has occurred and is continuing, (x)
the aggregate amount of all such payments made in respect of interest payable for 2006 pursuant
to the Agreed Order shall not exceed $100,300,000, (y) the proceeds of the Revolving Loans or
Swingline Loans shall not be used to make any such payment and (z) immediately after giving
effect to each such payment no Revolving Loans or Swingline Loans shall be outstanding”.

               2.15 Amendment to Section 7. Section 7 of the Credit Agreement is hereby amended

               (a) by amending paragraph (g) thereof by adding at the end thereof immediately before the
semicolon therein “(except a dismissal of the Cases of Towantic
Energy, LLC and CPN Oxford, Inc. substantially contemporaneously with the sale permitted under
Section 6.5(o) and a dismissal of the Case of Skipanon Natural Gas LLC substantially
contemporaneously with the sale permitted under Section 6.5(p))”; and

               (b) by deleting clause (i) of paragraph (h) thereof in its entirety and inserting in lieu
thereof the following new clause (i):

“(i) An order of the Bankruptcy Court (other than the CalGen Adequate Protection Stipulation
with respect to the Lien granted to the CalGen Parties therein on the CalGen Cash Collateral
Account), shall be entered granting another Superpriority Claim or Lien pari passu with or
senior to that granted to the Lenders and the Collateral Agent pursuant to this Agreement
and the Interim Order (or the Final Order, as applicable); or”.

 

9

               2.16 Amendments to Schedules and Exhibits.

               (a) Amendment to Schedule 6.7. Annex 6.7A of Schedule 6.7 is hereby amended in its
entirety with a new Annex 6.7A in the form attached hereto as Exhibit A.

               (b) Amendment to Schedule 6.8. Schedule 6.8 is hereby amended by adding a new item
198 at the end thereof as follows:

“198. Bill of Sale and Agreement dated as of February 25, 2005, between Calpine
Construction Management Company, Inc., as Seller, and Calpine Steamboat Holdings, LLC,
as Purchaser, relating to two certain gas turbine generators, accessories thereto, and
performance data sheets, diagrams, control system configuration documentation and
similar related documentation regarding such gas turbine generators.”.

               (c) Amendment to Exhibit I. Exhibit I is hereby amended in its entirety with a new
Exhibit I in the form attached hereto as Exhibit B.

          SECTION 3. CONDITIONS PRECEDENT.

               3.1 Effective Date. This Amendment shall become effective as of the date first set
forth above (the “Third 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, (B) the
Fronting Bank, (C) the Required Lenders, and (D) Majority Facility Lenders for each of Revolving
Facility, the First Priority Term Facility and the Second Priority Term Facility.

               (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 December 19, 2006 (or such later time or
date as agreed by the Borrower and the Administrative Agents), an amendment fee equal to the
aggregate of (A) 0.20% of the sum of the First Priority Term Loans of such Lender then outstanding
and the Revolving Commitment of such Lender then in effect; and (B) 0.30% of the Second Priority
Term Loans of such Lender then outstanding.

               (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; and

               (d) No Default. After giving effect to this Amendment, there shall be no Default or
Event of Default.

          SECTION 4. GENERAL.

               4.1 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

 

10

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 Third Amendment Effective
Date (after giving effect hereto) as if made on and as of the Third 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.

               4.2 Loan Document. This Amendment constitutes a Loan Document.

               4.3 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.

               4.4 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.

               4.5 Consent of Guarantors. Each of the Guarantors hereby consents to the
modifications to the Credit Agreement contemplated hereby.

               4.6 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 Third 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.

               4.7 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 this Amendment or for any other time period.

               4.8 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 Consent to be duly executed as of the day
and the year first written.

	 	 	 	 	 
	 	BORROWER:

CALPINE CORPORATION

 	 
	 	By:  	         /s/ Robert E. Fishman
 	 
	 	 	Name:  	Robert E. Fishman 	 
	 	 	Title:  	Executive Vice President 	 
	 

 

 

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

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 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 FINANCE COMPANY

CALPINE FREESTONE ENERGY GP, LLC

CALPINE FREESTONE ENERGY, LP

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.

CALPINE LOST PINES OPERATIONS, INC.

CALPINC LOUISIANA PIPELINE COMPANY

CALPINE MAGIC VALLEY PIPELINE, INC.

CALPINE MONTEREY COGENERATION, INC.

CALPINE MVP, INC.

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 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, 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 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 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 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 POWER SERVICES, LP

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

GEC BETHPAGE INC.

GEOTHERMAL ENERGY PARTNERS LTD.

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.

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

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.

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

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/ Robert E. Fishman
 	 
	 	 	Name:  	Robert E. Fishman 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 
	 	POWER SYSTEMS MFG., LLC

 	 
	 	By:  	          /s/ Charles B. Clark, Jr.
 	 
	 	 	Name:  	Charles B. Clark, Jr. 	 
	 	 	Title:  	Chief Financial Officer 	 
	 
	 	CALPINE CONSTRUCTION MANAGEMENT

COMPANY, INC.

CALPINE OPERATING SERVICES COMPANY, INC.

CALPINE POWER SERVICES, INC.

NEWSOUTH ENERGY LLC

THMASSEN TURBINE SYSTEMS AMERICA, INC.

 	 
	 	By:  	          /s/ Eric N. Pryor
 	 
	 	 	Name:  	Eric N. Pryor 	 
	 	 	Title:  	Sr. Vice President 	 
	 
	 	CALPINE ENERGY SERVICES, LP

CALPINE PRODUCER SERVICES, L.P.

CPN ENERGY SERVICES GP, INC.

 	 
	 	By:  	          /s/ Thomas N. May
 	 
	 	 	Name:  	Thomas N. May 	 
	 	 	Title:  	President 	 
	 

 

 

	 	 	 	 	 
	 	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/ Paul O’Leary
 	 
	 	 	Name:  	Paul O’Leary 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	CREDIT SUISSE, CAYMAN ISLANDS BRANCH, as an 

Administrative Agent and as a Lender

 	 
	 	By:  	          /s/ Thomas R. Cantello
 	 
	 	 	Name:  	Thomas R. Cantello 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                       /s/ Laurence Lapeyre
 	 
	 	 	Name:  	Laurence Lapeyre 	 
	 	 	Title:  	Associate 	 
	 
	 	Evergreen CBNA Loan Funding, LLC, as a Lender 

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	Malibu CBNA Loan Funding, LLC, for itself or as 

agent for Malibu CFPI Loan Funding LLC, as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	PINEHURST TRADING, INC., 

as a Lender

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

By: AIG Global Investment Corp.,

its Investment Advisor, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	Saturn CLO Ltd. 

By: AIG Global Investment Corp.,

its Collateral Manager, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	Galaxy CLO 2003-1, Ltd. 

By: AIG Global Investment Corp.,

its Collateral Manager, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 

 

 

	 	 	 	 	 
	 	Galaxy III CLO, Ltd. 

By: AIG Global Investment Corp.,

its Collateral Manager, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	Galaxy IV CLO, LTD 

By: AIG Global Investment Corp.,

its Collateral Manager, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	SunAmerica Life Insurance Company 

By: AIG Global Investment Corp.,

its Investment Advisor, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	AIG SunAmerica Life Assurance Company 

By: AIG Global Investment Corp.,

its Investment Advisor, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	American International Group, Inc. 

By: AIG Global Investment Corp.,

its Investment Advisor, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 

 

 

	 	 	 	 	 
	 	AIG Bank Loan Fund Ltd. 

By: AIG Global Investment Corp.,

its Investment Manager, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	SunAmerica Senior Floating Rate Fund, Inc. 

By: AIG Global Investment Corp.,

its Investment Sub-Advisor, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	LANDMARK VII CDO LTD 

By: Aladdin Capital Management LLC, as Manager

 	 
	 	By:  	          /s/ Angela Bozorgmir
 	 
	 	 	Name:  	Angela Bozorgmir 	 
	 	 	Title:  	Director 	 
	 
	 	LANDMARK VIII CDO LTD 

By: Aladdin Capital Management LLC, as Manager

 	 
	 	By:  	          /s/ Angela Bozorgmir
 	 
	 	 	Name:  	Angela Bozorgmir 	 
	 	 	Title:  	Director 	 
	 
	 	Pacifica CDO VI, LTD 

as a Lender

 	 
	 	By:  	          /s/ Peanie Wang
 	 
	 	 	Name:  	Peanie Wang 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

	 	 	 	 	 
	 	Alcentra Warehouse, LTD 

as a Lender

 	 
	 	By:  	          /s/ Peanie Wang
 	 
	 	 	Name:  	Peanie Wang 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	Pacifica CDO II, LTD 

as a Lender

 	 
	 	By:  	          /s/ Peanie Wang
 	 
	 	 	Name:  	Peanie Wang 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	Pacifica CDO VI, LTD 

as a Lender

 	 
	 	By:  	          /s/ Peanie Wang
 	 
	 	 	Name:  	Peanie Wang 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	Alcentra Warehouse, LTD 

as a Lender

 	 
	 	By:  	          /s/ Peanie Wang
 	 
	 	 	Name:  	Peanie Wang 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

	 	 	 	 	 
	 	AIMCO CLO, SERIES 2005-A 

as a Lender

 	 
	 	By:  	          /s/ Robert B. Bodett
 	 
	 	 	Name:  	Robert B. Bodett 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	 	 
	 	By:  	                       /s/ David Walsh
 	 
	 	 	Name:  	David Walsh 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	ANDOVER CAPITAL 

as a Lender

 	 
	 	By:  	          /s/ M. Tucker
 	 
	 	 	Name:  	Andover Cap – M. Tucker 	 
	 	 	Title:  	PM 	 
	 
	 	AG ALPHA CREDIT MASTER LTD. 

as a Lender

 	 
	 	By:  	          /s/ Michael Gordon
 	 
	 	 	Name:  	Michael Gordon 	 
	 	 	Title:  	COO 	 
	 
	 	Azure Funding North America I 

as a Lender

 	 
	 	By:  	          /s/ Daniel Schrupp
 	 
	 	 	Name:  	Daniel Schrupp 	 
	 	 	Title:  	Senior Portfolio Manager 	 

 

 

	 	 	 	 	 

	 	 	 	 	 	 	 
	 	 	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	 	 
	 
	 	 	 	 	 	 
	 	 	as a Lender	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	          /s/ Seth J. Brufsky	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Seth J. Brufsky	 	 
	 

	 	 	 	Title: Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	Ares X CLO Ltd.	 	 
	 
	 	 	 	 	 	 
	 

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

Investment Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares CLO GP X, LLC,

Its General Partner	 	 
	 
	 	 	 	 	 	 
	 	 	as a Lender	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	          /s/ Seth J. Brufsky	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name: Seth J. Brufsky	 	 
	 

	 	 	 	Title: Vice President	 	 

 

 

	 	 	 	 	 	 	 
	 	 	ARES HR CLO Ltd.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares CLO Management IIR, L.P.

Investment Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares CLO GP IIR, LLC,

Its General Partner	 	 

	 	 	 	 	 
	 	as a Lender

 	 
	 	By:  	          /s/ Seth J. Brufsky
 	 
	 	 	Name:  	Seth J. Brufsky 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 	 	 
	 	 	Ares VR CLO Ltd.	 	 
	 
	 	 	 	 	 	 
	 

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

Investment Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares CLO GP VR, LLC,

Its General Partner	 	 

	 	 	 	 	 
	 	as a Lender

 	 
	 	By:  	          /s/ Seth J. Brufsky
 	 
	 	 	Name:  	Seth J. Brufsky 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 	 	 
	 	 	Ares VIR CLO Ltd.	 	 
	 
	 	 	 	 	 	 
	 

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

Investment Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares CLO GP VIR, LLC,

Its General Partner	 	 

	 	 	 	 	 
	 	as a Lender

 	 
	 	By:  	          /s/ Seth J. Brufsky
 	 
	 	 	Name:  	Seth J. Brufsky 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 	 	 
	 	 	Ares VIII CLO Ltd.	 	 
	 
	 	 	 	 	 	 
	 

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

Investment Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares CLO GP VIII, LLC,

Its General Partner	 	 

	 	 	 	 	 
	 	as a Lender

 	 
	 	By:  	          /s/ Seth J. Brufsky
 	 
	 	 	Name:  	Seth J. Brufsky 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 	 	 
	 	 	Ares IX CLO Ltd.	 	 
	 
	 	 	 	 	 	 
	 

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

Investment Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares CLO GP IX, LLC,

Its General Partner	 	 

	 	 	 	 	 
	 	as a Lender

 	 
	 	By:  	          /s/ Seth J. Brufsky
 	 
	 	 	Name:  	Seth J. Brufsky 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 

	 	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	 	 

	 	 	 	 	 
	 	as a Lender

 	 
	 	By:  	          /s/ Seth J. Brufsky
 	 
	 	 	Name:  	Seth J. Brufsky 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 	 	 
	 	 	ARES ENHANCED LOAN INVESTMENT STRATEGY, LTD.	 	 
	 
	 	 	 	 	 	 
	 

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

Investment Manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Ares Enhanced Loan GP, LLC,

Its General Partner	 	 

	 	 	 	 	 
	 	as a Lender

 	 
	 	By:  	          /s/ Seth J. Brufsky
 	 
	 	 	Name:  	Seth J. Brufsky 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	AVENUE CLO II, LIMITED 

as a Lender

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

	 	 	 	 	 
	 	AVENUE CLO III, LIMITED 

as a Lender

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

 

 

	 	 	 	 	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Loan Funding XI LLC, as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Sankaty High Yield Partners, III, L.P. 

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	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/ Angela Gambardella
 	 
	 	 	Name:  	Angela Gambardella 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Sankaty High Yield Partners, II, L.P. 

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 

 

 

	 	 	 	 	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Race Point III CLO, Limited, as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	KATONAH V, LTD. 

By: INVESCO Senior Secured Management, Inc., as

Investment Manager

 	 
	 	By:  	          /s/ Angela Gambardella
 	 
	 	 	Name:  	Angela Gambardella 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Race Point CLO, Limited, as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Prospect Funding I, LLC as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 

 

 

	 	 	 	 	 
	 	Katonah III, Ltd. by Sankaty Advisors, LLC as 

Sub-Advisors

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	RAINTREE TRADING LLC 

as a Lender

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

as a Lender

 	 
	 	By:  	          /s/ Christina L. Ramseur
 	 
	 	 	Name:  	Christina L. Ramseur 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	BANK OF AMERICA, N.A. 

as a Lender

 	 
	 	By:  	          /s/ Jonathan M. Barnes
 	 
	 	 	Name:  	Jonathan M. Barnes 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 
	 	BAYERISCHE LANDESBANK, as Joint Second Priority 

Documentation Agent and Lender

 	 
	 	By:  	          /s/ Georgina Fiordalisi
 	 
	 	 	Name:  	Georgina Fiordalisi 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                       /s/ Donna M. Quilty
 	 
	 	 	Name:  	Donna M. Quilty 	 
	 	 	Title:  	Vice President 	 
	 
	 	BEAR STEARNS INVESTMENT PRODUCTS, INC. 

as a Lender

 	 
	 	By:  	          /s/ Jonathan Weiss
 	 
	 	 	Name:  	Jonathan Weiss 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	BLACK DIAMOND INTERNATIONAL FUNDING,
LTD., as advised by BLACK DIAMOND CAPITAL MANAGEMENT L.L.C. 
as a Lender

 	 
	 	By:  	          /s/ Alan Corkish
 	 
	 	 	Name:  	Alan Corkish 	 
	 	 	Title:  	Director 	 
	 
	 	BDC Finance LLC 

By: Black Diamond Capital Management, L.L.C., as its

Investment Manager

as a Lender

 	 
	 	By:  	          /s/ Stephen H. Deckoff
 	 
	 	 	Name:  	Stephen H. Deckoff 	 
	 	 	Title:  	Managing Principal

Black Diamond Capital Management, L.L.C. 	 
	 

 

 

	 	 	 	 	 
	 	BLACK DIAMOND CLO 2006-1 (CAYMAN) LTD. 

By: Black Diamond Capital Management, L.L.C., as its

Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Stephen H. Deckoff
 	 
	 	 	Name:  	Stephen H. Deckoff 	 
	 	 	Title:  	Managing Principal

Black Diamond Capital Management, L.L.C. 	 
	 
	 	BLACK DIAMOND CLO 2005-2 LTD. 

By: Black Diamond CLO 2005-2 Adviser, L.L.C., as its

Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Stephen H. Deckoff
 	 
	 	 	Name:  	Stephen H. Deckoff 	 
	 	 	Title:  	Managing Principal

Black Diamond Capital Management, L.L.C. 	 
	 
	 	BLACK DIAMOND CLO 2005-1 LTD. 

By: Black Diamond CLO 2005-1 Adviser, L.L.C., as its

Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Stephen H. Deckoff
 	 
	 	 	Name:  	Stephen H. Deckoff 	 
	 	 	Title:  	Managing Principal

Black Diamond Capital Management, L.L.C. 	 
	 
	 	BlueMountain CLO Ltd 

as a Lender

 	 
	 	By:  	          /s/ Kimberly Rena
 	 
	 	 	Name:  	Kimberly Rena 	 
	 	 	Title:  	Associate 	 
	 

 

 

	 	 	 	 	 
	 	DUNES FUNDING LLC 

as a Lender

 	 
	 	By:  	          /s/ Christina L. Ramseur
 	 
	 	 	Name:  	Christina L. Ramseur 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	Carlyle Loan Investment, Ltd. 

as a Lender

 	 
	 	By:  	          /s/ Linda Pace
 	 
	 	 	Name:  	Linda Pace 	 
	 	 	Title:  	Managing Director 	 
	 
	 	CITIBANK, N.A., 

as a Lender

 	 
	 	By:  	          /s/ Alicia Beal
 	 
	 	 	Name:  	Alicia Beal 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	CF Special Situation Fund I LP 

as a Lender

 	 
	 	By:  	          /s/ Ryan R. Crane
 	 
	 	 	Name:  	Ryan R. Crane 	 
	 	 	Title:  	Partner 	 
	 
	 	JUPITER LOAN FUNDING LLC 

as a Lender

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

 

 

	 	 	 	 	 
	 	FALL CREEK CLO, LTD. 

as a Lender

 	 
	 	By:  	          /s/ ThomasN. Davis
 	 
	 	 	Name:  	Thomas N. Davis 	 
	 	 	Title:  	Authorized Signor 	 
	 
	 	EAGLE CREEK CLO, LTD. 

as a Lender

 	 
	 	By:  	          /s/ ThomasN. Davis
 	 
	 	 	Name:  	Thomas N. Davis 	 
	 	 	Title:  	Authorized Signor 	 
	 
	 	MADISON PARK FUNDING II 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	CASTLE FUNDING II 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Atrium V 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 

 

 

	 	 	 	 	 
	 	Atrium III 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Atrium CDO 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	CSAM Funding IV 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	CSAM Funding III 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	CSAM Funding II 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 

 

 

	 	 	 	 	 
	 	CSAM Funding I 

as a Lender

 	 
	 	By:  	          /s/ Linda R. Karn
 	 
	 	 	Name:  	Linda R. Karn 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	CREDIT SUISSE CAPITAL LLC 

as a Lender

 	 
	 	By:  	          /s/ Robert Healey
 	 
	 	 	Name:  	Robert Healey 	 
	 	 	Title:  	Director 	 
	 
	 	Credit Suisse, Cayman Islands Branch, 

as a Lender

 	 
	 	By:  	          /s/ Thomas R. Cantello
 	 
	 	 	Name:  	Thomas R. Cantello 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                     /s/ Laurence Lapeyre
 	 
	 	 	Name:  	Laurence Lapeyre 	 
	 	 	Title:  	Associate 	 
	 
	 	Atlas Loan Funding (Hartford), LLC 

By: Atlas Capital Funding, Ltd.

By: Structured Asset Investors, LLC

Its Investment Manager

as a Lender

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

 

 

	 	 	 	 	 
	 	Classica Cayman B.D. Limited 

as a Lender

 	 
	 	By:  	          /s/ Ryan Flohre
 	 
	 	 	Name:  	Ryan Flohre 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	 	 
	 	By:  	                        /s/ Brian Schneider
 	 
	 	 	Name:  	Brian Schneider 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	CREDIT SUISSE LOAN FUNDING LLC 

as a Lender

 	 
	 	By:  	          /s/ Barry Zamore
 	 
	 	 	Name:  	Barry Zamore 	 
	 	 	Title:  	Managing Director 	 
	 

	 	 	 	 	 
	 

	 	 /s/ Vikram Natarajan

Vikram Natarajan

Director
	 	 

	 	 	 	 	 
	 	CYPRESSTREE CLAIF FUNDING LLC 

as a Lender

 	 
	 	By:  	          /s/ Christina L. Ramseur
 	 
	 	 	Name:  	Christina L. Ramseur 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	DURHAM ACQUISITION CO. LLC 

as a Lender

 	 
	 	By:  	          /s/ Christopher M. Mackey
 	 
	 	 	Name:  	Christopher M. Mackey 	 
	 	 	Title:  	Managing Principal 	 
	 

 

 

	 	 	 	 	 
	 	CREDIT GENESIS CLO 2005-1 

as a Lender

 	 
	 	By:  	          /s/ Christopher M. Mackey
 	 
	 	 	Name:  	Christopher M. Mackey 	 
	 	 	Title:  	Managing Principal 	 
	 
	 	EAST WEST BANK, as a Lender 

 	 
	 	By:  	          /s/ Nancy A. Moore
 	 
	 	 	Name:  	Nancy A. Moore 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	Eaton Vance Credit 

Opportunities Fund

By: Eaton Vance Management

As Investment Advisor

as a Lender

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

BY: BOSTON MANAGEMENT AND RESEARCH

AS INVESTMENT ADVISOR

as a Lender

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

	 	 	 	 	 
	 

	 	EATON VANCE INSTITUTIONAL SENIOR LOAN FUND

BY: EATON VANCE MANAGEMENT

AS INVESTMENT ADVISOR

as a Lender
	 	 

 

 

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

	 	 	 	 	 
	 	EATON VANCE CREDIT OPPORTUNITIES FUND 

BY: EATON VANCE MANAGEMENT

AS INVESTMENT ADVISOR

as a Lender

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

BY: BOSTON MANAGEMENT AND RESEARCH

AS INVESTMENT ADVISOR

as a Lender

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

 

 

	 	 	 	 	 
	 	EATON VANCE INSTITUTIONAL SENIOR LOAN FUND 

BY: EATON VANCE MANAGEMENT

AS INVESTMENT ADVISOR

as a Lender

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

BY: BOSTON MANAGEMENT AND RESEARCH

AS INVESTMENT ADVISOR

as a Lender

 	 
	 	By:  	          /s/ Michael B. Botthof
 	 
	 	 	Name:  	Michael B. Botthof 	 
	 	 	Title:  	Vice President 	 
	 
	 	Erste Bank de Oestenreichischen Sparkassen AG 

as a Lender

 	 
	 	By:  	          /s/ Brian J. Lynch
 	 
	 	 	Name:  	Brian J. Lynch 	 
	 	 	Title:  	1st Vice President 	 
	 
	 	 	 
	 	By:  	            /s/ Patrick W. Kunkel
 	 
	 	 	Name:  	Patrick W. Kunkel 	 
	 	 	Title:  	Director 	 
	 

 

 

	 	 	 	 	 
	 	TRS FORE LLC 

and as a Lender

By: Deutsche Bank AG New York Branch, its sole member

By: DB Services New Jersey, Inc.

 	 
	 	By:  	          /s/ Alice L. Wagner
 	 
	 	 	Name:  	Alice L. Wagner 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                        /s/ Deborah O’Keefe
 	 
	 	 	Name:  	Deborah O’Keefe 	 
	 	 	Title:  	Vice President 	 
	 
	 	FORE LEVERAGED LOAN OPPORTUNITY FUND, LTD 

as a Lender

 	 
	 	By:  	          /s/ Mel Gao
 	 
	 	 	Name:  	Mel Gao 	 
	 	 	Title:  	Assistant Secretary 	 
	 
	 	FORE CONVERTIBLE MASTER FUND, LTD 

as a Lender

 	 
	 	By:  	          /s/ Mel Gao
 	 
	 	 	Name:  	Mel Gao 	 
	 	 	Title:  	Assistant Secretary 	 
	 
	 	FORE ERISA FUND, LTD 

as a Lender

 	 
	 	By:  	          /s/ Mel Gao
 	 
	 	 	Name:  	Mel Gao 	 
	 	 	Title:  	Assistant Secretary 	 
	 

 

 

	 	 	 	 	 
	 	FORE MULTI STRATEGY MASTER FUND, LTD 

as a Lender

 	 
	 	By:  	          /s/ Mel Gao
 	 
	 	 	Name:  	Mel Gao 	 
	 	 	Title:  	Assistant Secretary 	 
	 
	 	FORTRESS PORTFOLIO TRUST

By: Four Corners Capital Management, LLC

As Investment Manager

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	FORTRESS CREDIT FUNDING III LP 

as a Lender

 	 
	 	By:  	          /s/ Glenn P. Cummins
 	 
	 	 	Name:  	Glenn P. Cumminso 	 
	 	 	Title:  	Chief Financial Officer 	 
	 
	 	Fortress Credit Investments I LTD 

as a Lender

 	 
	 	By:  	          /s/ Constantine Dakolias
 	 
	 	 	Name:  	Constantine Dakolias 	 
	 	 	Title:  	Chief Credit Officer 	 
	 
	 	Fortress Credit Investments II LTD 

as a Lender

 	 
	 	By:  	          /s/ Constantine Dakolias
 	 
	 	 	Name:  	Constantine Dakolias 	 
	 	 	Title:  	Chief Credit Officer 	 
	 

 

 

	 	 	 	 	 
	 	Fortress Credit Funding II LP 

as a Lender

 	 
	 	By:  	          /s/ Glenn P. Cummins
 	 
	 	 	Name:  	Glenn P. Cummins 	 
	 	 	Title:  	Chief Financial Officer 	 
	 
	 	MAN MAC I LIMITED 

as a Lender

 	 
	 	By:  	          /s/ Mel Gao
 	 
	 	 	Name:  	Mel Gao 	 
	 	 	Title:  	Assistant Secretary 	 
	 

	 	 	 	 	 
	 	FIRST TRUST/FOUR CORNERS SENIOR FLOATING RATE INCOME FUND II

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	AUGUSTA TRADING LLC 

as a Lender

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

 

 

	 	 	 	 	 
	 	KNIGHT CBNA LOAN FUNDING 

KNIGHT CFPI LOAN FUNDING LLC

Knight CBNA Loan Funding LLC, for itself or as Agent

for Knight CFPI Loan Funding LLC

 	 
	 	By:  	          /s/ Adam Lehnertz
 	 
	 	 	Name:  	Adam Lehnertz 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	SECURITY INCOME FUND-INCOME OPPORTUNITY SERIES 

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	FOUR CORNERS CLO 2005-1, Ltd. 

By: Four Corners Capital Management, LLC

As Collateral Manager

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	Grand Central Asset Trust, KMT Series 

as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 

 

 

	 	 	 	 	 
	 	Grand Central Asset Trust, BAS Series 

as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	TRS ARIA LLC 

By: Deutsche Bank AG New York Branch, its Sole Member

By: DB Services New Jersey, Inc.

as a Lender

 	 
	 	By:  	          /s/ Deirdre Whorton
 	 
	 	 	Name:  	Deirdre Whorton 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	 	 
	 	By:  	                     /s/ Alice L. Wagner
 	 
	 	 	Name:  	Alice L. Wagner 	 
	 	 	Title:  	Vice President 	 
	 
	 	DEUTSCHE BANK AG, NEW YORK BRANCH 

as a Lender

 	 
	 	By:  	          /s/ Marcus M. Tarkington
 	 
	 	 	Name:  	Marcus M. Tarkington 	 
	 	 	Title:  	Director 	 
	 
	 	 	 
	 	By:  	                 /s/ Paul O’Leary
 	 
	 	 	Name:  	Paul O’Leary 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 
	 	FIRST TRUST/FOUR CORNERS SENIOR FLOATING RATE INCOME FUND II

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	FORTRESS PORTFOLIO TRUST 

By: Four Corners Capital Management, LLC

As Investment Manager

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	FIRST TRUST/FOUR CORNERS SENIOR FLOATING RATE INCOME FUND

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	SECURITY INCOME FUND-INCOME OPPORTUNITY SERIES 

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

	 	 	 	 	 
	 	MACQUARIE/FIRST TRUST GLOBAL 

INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	FOUR CORNERS CLO 2005-1, Ltd. 

By: Four Corners Capital Management, LLC

As Collateral Manager

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	MACQUARIE/FIRST TRUST GLOBAL 

INFRASTRUCTURE/UTILITIES DIVIDEND & INCOME FUND

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	FIRST TRUST/FOUR CORNERS SENIOR FLOATING RATE INCOME FUND

By: Four Corners Capital Management, LLC

As Sub-Advisor

 	 
	 	By:  	          /s/ Kapil Singh
 	 
	 	 	Name:  	Kapil Singh, CFA 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

	 	 	 	 	 
	 	Four Corners CLO II, LTD. 

as a Lender

 	 
	 	By:  	          /s/ Adam Lehnertz
 	 
	 	 	Name:  	Adam Lehnertz 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	Freestyle Special Opportunities Master Fund, Ltd. 

as a Lender

 	 
	 	By:  	          /s/ Adrian MacKay
 	 
	 	 	Name:  	Adrian MacKay 	 
	 	 	Title:  	Managing Member of Freestyle Fund
Services Company LLC, Investment
Manager 	 
	 
	 	GENERAL ELECTRIC CAPITAL CORPORATION, as 

Sub-Agent, Joint First Priority Documentation Agent,

Joint Second Priority Documentation Agent and Lender

 	 
	 	By:  	          /s/ Ali Mirza
 	 
	 	 	Name:  	Ali Mirza 	 
	 	 	Title:  	Duly Authorized Signatory 	 
	 
	 	Global Leveraged Capital Credit Opportunity Fund I

as a Lender

Global Leveraged Capital Management, LLC, as

Collateral Manager

 	 
	 	By:  	          /s/ Andy Cai
 	 
	 	 	Name:  	Andy Cai 	 
	 	 	Title:  	Analyst 	 
	 

 

 

	 	 	 	 	 
	 	Citi GoldenTree Ltd. 

By: GoldenTree Asset Management, LP

as a Lender

 	 
	 	By:  	          /s/ Karen A. Weber
 	 
	 	 	Name:  	Karen A. Weber 	 
	 	 	Title:  	Director, Bank Debt 	 
	 
	 	GoldenTree 2004 Trust 

By: GoldenTree Asset Management, LP

as a Lender

 	 
	 	By:  	          /s/ Karen A. Weber
 	 
	 	 	Name:  	Karen A. Weber 	 
	 	 	Title:  	Director, Bank Debt 	 
	 
	 	GoldenTree Credit Opportunities Financing II, Limited

By: GoldenTree Asset Management, LP

as a Lender

 	 
	 	By:  	          /s/ Karen A. Weber
 	 
	 	 	Name:  	Karen A. Weber 	 
	 	 	Title:  	Director, Bank Debt 	 
	 
	 	GoldenTree Credit Opportunities Financing I, Limited

By: GoldenTree Asset Management, LP

as a Lender

 	 
	 	By:  	          /s/ Karen A. Weber
 	 
	 	 	Name:  	Karen A. Weber 	 
	 	 	Title:  	Director, Bank Debt 	 
	 

 

 

	 	 	 	 	 
	 	GoldenTree MultiStrategy Financing, Ltd 

By: GoldenTree Asset Management, LP

as a Lender

 	 
	 	By:  	          /s/ Karen A. Weber
 	 
	 	 	Name:  	Karen A. Weber 	 
	 	 	Title:  	Director, Bank Debt 	 
	 
	 	Greenwich International, Ltd. 

as a Lender

 	 
	 	By:  	          /s/ Kevin Cavanaugh
 	 
	 	 	Name:  	Kevin Cavanaugh 	 
	 	 	Title:  	SVP 	 
	 
	 	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 	 
	 
	 	STANWICH LOAN FUNDING LLC 

as a Lender

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

 

 

	 	 	 	 	 
	 	Stedman CBNA Loan Funding LLC, for itself or as 

agent for Stedman CFPI Loan Funding LLC

as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	Highland Credit Strategies Fund 

as a Lender

 	 
	 	By:  	          /s/ M. Jason Blackburn
 	 
	 	 	Name:  	M. Jason Blackburn 	 
	 	 	Title:  	Treasurer 	 
	 
	 	Highland Floating Rate LLC 

as a Lender

 	 
	 	By:  	          /s/ M. Jason Blackburn
 	 
	 	 	Name:  	M. Jason Blackburn 	 
	 	 	Title:  	Treasurer 	 
	 
	 	Highland Floating Rate Advantage Fund 

as a Lender

 	 
	 	By:  	          /s/ M. Jason Blackburn
 	 
	 	 	Name:  	M. Jason Blackburn 	 
	 	 	Title:  	Treasurer 	 
	 

 

 

	 	 	 	 	 
	 	Loan Funding IV LLC 

By: Highland Capital Management, L.P.,

As Collateral Manager

By: Strand Advisors, Inc., Its General Partner

as a Lender

 	 
	 	By:  	          /s/ Brian Lohrding
 	 
	 	 	Name:  	Brian Lohrding 	 
	 	 	Title:  	Treasurer, Strand Advisors, Inc.,
General Partner of Highland Capital
Management, L.P. 	 
	 
	 	Highland Legacy Limited 

By: Highland Capital Management, L.P.,

As Collateral Manager

By: Strand Advisors, Inc., Its General Partner

as a Lender

 	 
	 	By:  	          /s/ Brian Lohrding
 	 
	 	 	Name:  	Brian Lohrding 	 
	 	 	Title:  	Treasurer, Strand Advisors, Inc.,
General Partner of Highland Capital
Management, L.P. 	 
	 
	 	Highland Offshore Partners, L.P. 

By: Highland Capital Management, L.P.,

As Collateral Manager

By: Strand Advisors, Inc., Its General Partner

as a Lender

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

 

 

	 	 	 	 	 
	 	Rockwall CDO LTD. 

By: Highland Capital Management, L.P.,

As Collateral Manager

By: Strand Advisors, Inc., Its General Partner

as a Lender

 	 
	 	By:  	          /s/ Brian Lohrding
 	 
	 	 	Name:  	Brian Lohrding 	 
	 	 	Title:  	Treasurer, Strand Advisors, Inc.,
General Partner of Highland Capital
Management, L.P. 	 
	 
	 	Red River CLO Ltd. 

By: Highland Capital Management, L.P.,

As Collateral Manager

By: Strand Advisors, Inc., Its General Partner

as a Lender

 	 
	 	By:  	          /s/ Brian Lohrding
 	 
	 	 	Name:  	Brian Lohrding 	 
	 	 	Title:  	Treasurer, Strand Advisors, Inc.,
General Partner of Highland Capital
Management, L.P. 	 
	 
	 	Loan Funding VII LLC 

By: Highland Capital Management, L.P.,

As Collateral Manager

By: Strand Advisors, Inc., Its General Partner

as a Lender

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

 

 

	 	 	 	 	 
	 	Liberty CLO, Ltd. 

By: Highland Capital Management, L.P.,

As Collateral Manager

By: Strand Advisors, Inc., Its General Partner

as a Lender

 	 
	 	By:  	          /s/ Brian Lohrding
 	 
	 	 	Name:  	Brian Lohrding 	 
	 	 	Title:  	Treasurer, Strand Advisors, Inc.,
General Partner of Highland Capital
Management, L.P. 	 
	 
	 	HSH Nordbank AG, New York Branch 

as a Lender

 	 
	 	By:  	          /s/ T. K. Emmons
 	 
	 	 	Name:  	T. K. Emmons 	 
	 	 	Title:  	SUP 	 
	 
	 	 	 
	 	By:  	                       /s/ Lisa Cintron
 	 
	 	 	Name:  	Lisa Cintron 	 
	 	 	Title:  	Vice President 	 
	 
	 	AIM FLOATING RATE FUND 

By: INVESCO Senior Secured Management, Inc., as

Sub-Advisor

 	 
	 	By:  	          /s/ Angela Gambardella
 	 
	 	 	Name:  	Angela Gambardella 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	DIVERSIFIED CREDIT PORTFOLIA LTD. 

By: INVESCO Senior Secured Management, Inc., as

Investment Advisor

 	 
	 	By:  	          /s/ Angela Gambardella
 	 
	 	 	Name:  	Angela Gambardella 	 
	 	 	Title:  	Authorized Signatory 	 
	 

 

 

	 	 	 	 	 
	 	Atlas Loan Funding 7, LLC 

By: Atlas Capital Funding, Ltd.

By: Structured Asset Investors, LLC

Its Investment Manager

as a Lender

 	 
	 	By:  	          /s/ Diana M. Himes
 	 
	 	 	Name:  	Diana M. Himes 	 
	 	 	Title:  	Associate 	 
	 
	 	NAUTIQUE FUNDING LTD. 

By: INVESCO Senior Secured Management, Inc., as

Collateral Manager

 	 
	 	By:  	          /s/ Angela Gambardella
 	 
	 	 	Name:  	Angela Gambardella 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	SAGAMORE CLO LTD. 

By: INVESCO Senior Secured Management, Inc., as

Collateral Manager

 	 
	 	By:  	          /s/ Angela Gambardella
 	 
	 	 	Name:  	Angela Gambardella 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	SARATOGA CLO I, LIMITED 

By: INVESCO Senior Secured Management, Inc., as the

Asset Manager

 	 
	 	By:  	          /s/ Angela Gambardella
 	 
	 	 	Name:  	Angela Gambardella 	 
	 	 	Title:  	Authorized Signatory 	 
	 

 

 

	 	 	 	 	 
	 	SKY LOAN FUNDING LLC 

as a Lender

 	 
	 	By:  	          /s/ David Balmert
 	 
	 	 	Name:  	David Balmert 	 
	 	 	Title:  	Attorney-in-Kind 	 
	 
	 	KINGSLAND III, LTD., 

as a Lender

 	 
	 	By:  	          /s/ Vincent Siino
 	 
	 	 	Name:  	Vincent Siino 	 
	 	 	Title:  	Authorized Officer, Kingsland Capital
Management, LLC, as Manager 	 
	 
	 	KINGSLAND II, LTD., 

as a Lender

 	 
	 	By:  	          /s/ Vincent Siino
 	 
	 	 	Name:  	Vincent Siino 	 
	 	 	Title:  	Authorized Officer, Kingsland Capital
Management, LLC, as Manager 	 
	 
	 	KINGSLAND I, LTD., 

as a Lender

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

 

 

	 	 	 	 	 
	 	Bushnell CBNA Loan Funding LLC, for itself or as 

agent for Bushnell CFPI Loan Funding L.L.C.

as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	Grand Central Asset Trust, FPV Series 

 	 
	 	By:  	          /s/ Beata Konopko
 	 
	 	 	Name:  	Beata Konopko 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	Trumbull THC2 Loan Funding LLC, for itself or as 

agent for Trumbull THC2 CFPI Loan Funding L.L.C.

as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	Grand Central Asset Trust, PFV Series 

 	 
	 	By:  	          /s/ Beata Konopko
 	 
	 	 	Name:  	Beata Konopko 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 

 

 

	 	 	 	 	 
	 	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 	 
	 
	 	LONG LANE MASTER TRUST IV 

as a Lender

 	 
	 	By:  	          /s/ Christina L. Ramseur
 	 
	 	 	Name:  	Christina L. Ramseur 	 
	 	 	Title:  	Authorized Agent 	 
	 
	 	LATITUDE CLO II, LTD 

as a Lender

 	 
	 	By:  	          /s/ Chauncey F. Lufkin
 	 
	 	 	Name:  	Chauncey F. Lufkin 	 
	 	 	Title:  	CIO 	 
	 
	 	Luminus Energy Partners Master Fund, Ltd. 

as a Lender

 	 
	 	By:  	          /s/ Paul Segal
 	 
	 	 	Name:  	Paul Segal 	 
	 	 	Title:  	Director 	 
	 
	 	CONTINENTAL CASUALTY COMPANY 

as a Lender

 	 
	 	By:  	          /s/ Marilou R. McGirr
 	 
	 	 	Name:  	Marilou R. McGirr 	 
	 	 	Title:  	Vice President and Assistant Treasurer 	 
	 

 

 

	 	 	 	 	 
	 	GANNETT PEAK CLO I, LTD. 

By: McDonnell Investment Management, LLC, as

Investment Manager

as a Lender

 	 
	 	By:  	          /s/ Kathleen A. Zarn
 	 
	 	 	Name:  	Kathleen A. Zarn 	 
	 	 	Title:  	Vice President 	 
	 
	 	MCDONNELL LOAN OPPORTUNITY LTD. 

By: McDonnell Investment Management, LLC, as

Investment Manager

as a Lender

 	 
	 	By:  	          /s/ Kathleen A. Zarn
 	 
	 	 	Name:  	Kathleen A. Zarn 	 
	 	 	Title:  	Vice President 	 
	 
	 	WIND RIVER CLO II — TATE INVESTORS, LTD. 

By: McDonnell Investment Management, LLC, as Manager

as a Lender

 	 
	 	By:  	          /s/ Kathleen A. Zarn
 	 
	 	 	Name:  	Kathleen A. Zarn 	 
	 	 	Title:  	Vice President 	 
	 
	 	WIND RIVER CLO I, LTD. 

By: McDonnell Investment Management, LLC, as Manager

as a Lender

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

 

 

	 	 	 	 	 
	 	Senior High Income Portfolio, Inc. 

BlackRock Debt Strategies Fund, Inc.

BlackRock Diversified Income Strategies Portfolio, Inc.

BlackRock Floating Rate Income Strategies Fund, Inc.

BlackRock Floating Rate Income Strategies Fund II, Inc.

Master Senior Floating Rate Trust

as Lenders

 	 
	 	By:  	          /s/ Tom Colwell
 	 
	 	 	Name:  	Tom Colwell 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	MERRILL LYNCH CREDIT PRODUCTS, LLC 

as a Lender

 	 
	 	By:  	          /s/ Neyda Darias
 	 
	 	 	Name:  	Neyda Darias 	 
	 	 	Title:  	Vice President 	 
	 
	 	SOF INVESTMENTS, L.P. 

as a Lender

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

as a Lender

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

 

 

	 	 	 	 	 
	 	OAK HILL CREDIT OPPORTUNITIES FINANCING, LTD. 

 	 
	 	By:  	          /s/ Scott D. Krase
 	 
	 	 	Name:  	Scott D. Krase 	 
	 	 	Title:  	Authorized Person 	 
	 
	 	OHSF FINANCING, LTD. 

 	 
	 	By:  	          /s/ Scott D. Krase
 	 
	 	 	Name:  	Scott D. Krase 	 
	 	 	Title:  	Authorized Person 	 
	 
	 	OHSF II FNANCING, LTD. 

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

	 	 	 	 	 	 	 
	 	 	OAK HILL CREDIT ALPHA FINANCE I, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Oak Hill Credit Alpha Fund, L.P.

Its Member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Oak Hill Credit Alpha Gen Par, L.P.

Its General Partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Oak Hill Credit Alpha MGR, LLC,

Its General Partner	 	 

	 	 	 	 	 
	 	 	 
	 	By:  	                   /s/ Scott D. Krase
 	 
	 	 	Name:  	Scott D. Krase 	 
	 	 	Title:  	Authorized Person 	 
	 
	 	OAK HILL CREDIT ALPHA FINANCE I (OFFSHORE), LTD. 

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

 

 

	 	 	 	 	 
	 	OAK HILL CREDIT OPPORTUNITIES FINANCING, LTD. 

 	 
	 	By:  	          /s/ Scott D. Krase
 	 
	 	 	Name:  	Scott D. Krase 	 
	 	 	Title:  	Authorized Person 	 
	 
	 	OHSF II FNANCING, LTD. 

 	 
	 	By:  	          /s/ Scott D. Krase
 	 
	 	 	Name:  	Scott D. Krase 	 
	 	 	Title:  	Authorized Person 	 
	 
	 	OHSF II FNANCING, LTD. 

 	 
	 	By:  	          /s/ Scott D. Krase
 	 
	 	 	Name:  	Scott D. Krase 	 
	 	 	Title:  	Authorized Person 	 
	 
	 	HarbourView CLO 2006-1, Ltd 

as a Lender

 	 
	 	By:  	          /s/ Sherry Settle
 	 
	 	 	Name:  	Sherry Settle 	 
	 	 	Title:  	Manager 	 
	 
	 	Oppenheimer Senior Floating Rate Fund, 

as a Lender

 	 
	 	By:  	          /s/ Sherry Settle
 	 
	 	 	Name:  	Sherry Settle 	 
	 	 	Title:  	Manager 	 
	 

 

 

	 	 	 	 	 
	 	HARBOUR TOWN FUNDING LLC 

as a Lender

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

By: Deutsche Bank AG Cayman Islands Branch

Its sole member

By: DB Services New Jersey, Inc.,

as a Lender

 	 
	 	By:  	          /s/ Alice L. Wagner
 	 
	 	 	Name:  	Alice L. Wagner 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                  /s/ Edward Schaffer
 	 
	 	 	Name:  	Edward Schaffer 	 
	 	 	Title:  	Vice President 	 
	 
	 	Dryden VII — Leveraged Loan CDO 2004 

 	 
	 	By:  	          /s/ Stephen J. Collins
 	 
	 	 	Name:  	Stephen J. Collins, VP 	 
	 	 	Title:  	Prudential Investment Management, Inc.,
as Collateral Manager 	 
	 
	 	Dryden V — Leveraged Loan CDO 2004 

 	 
	 	By:  	          /s/ Stephen J. Collins
 	 
	 	 	Name:  	Stephen J. Collins, VP 	 
	 	 	Title:  	Prudential Investment Management, Inc.,
as Collateral Manager 	 
	 

 

 

	 	 	 	 	 
	 	Dryden VIII — Leveraged Loan CDO 2005 

 	 
	 	By:  	          /s/ Stephen J. Collins
 	 
	 	 	Name:  	Stephen J. Collins, VP 	 
	 	 	Title:  	Prudential Investment Management, Inc.,
as Collateral Manager 	 
	 
	 	Loan Funding V, LLC 

 	 
	 	By:  	          /s/ Stephen J. Collins
 	 
	 	 	Name:  	Stephen J. Collins, VP 	 
	 	 	Title:  	Prudential Investment Management, Inc.,
as Portfolio Manager 	 
	 
	 	Dryden XVI — Leveraged Loan CDO 2004 

 	 
	 	By:  	          /s/ Stephen J. Collins
 	 
	 	 	Name:  	Stephen J. Collins, VP 	 
	 	 	Title:  	Prudential Investment Management, Inc.,
as Collateral Manager 	 
	 
	 	BOSTON HARBOR CLO 2004-1, Ltd. 

 	 
	 	By:  	          /s/ Beth Mazor
 	 
	 	 	Name:  	Beth Mazor 	 
	 	 	Title:  	V.P. 	 
	 
	 	PUTNAM BANK LOAN FUND (CAYMAN) MASTER FUND, a
series of the PUTNAM OFFSHORE MASTER SERIES TRUST, by The Putnam Advisory Company, LLC

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

 

 

	 	 	 	 	 
	 	PUTNAM FLOATING RATE INCOME FUND 

 	 
	 	By:  	          /s/ Beth Mazor
 	 
	 	 	Name:  	Beth Mazor 	 
	 	 	Title:  	V.P. 	 
	 
	 	Yorkville CBNA Loan Funding LLC, for itself or 

as agent for Yorkville CFPI Loan Funding LLC

as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 
	 	TRS LEDA , LLC 

By: Deutsche Bank AG New York Branch, Its Sole Member

By: DB Services New Jersey, Inc. s a Lender

 	 
	 	By:  	          /s/ Alice L. Wagner
 	 
	 	 	Name:  	Alice L. Wagner 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                        /s/ Deborah O’Keefe
 	 
	 	 	Name:  	Deborah O’Keefe 	 
	 	 	Title:  	Vice President 	 
	 
	 	Raven Credit Opportunities Master Fund, Ltd. 

By: Raven Asset Management, LLC

As Investment Advisor

as a Lender

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

 

 

	 	 	 	 	 
	 	RCG Corporation Master Fund, Ltd. 

as a Lender

 	 
	 	By:  	          /s/ Jeffrey H. Solomon
 	 
	 	 	Name:  	Jeffrey H. Solomon 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Race Point CLO, Limited, as Term Lender 

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Race Point III CLO, Limited, as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Sankaty High Yield Partners, III, L.P. 

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 

 

 

	 	 	 	 	 
	 	Chatham Light II CLO, Limited, by Sankaty 

Advisors LLC, as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Loan Funding XI LLC, As Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Castle Hill III CLO, Limited, as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for
Castle Hill II - INGOTS, Ltd., as Term Lender 
	 
	 	as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 

 

 

	 	 	 	 	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Nash Point CLO, Limited, as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Sankaty Advisors, LLC as Collateral Manager for 

Prospect Funding I, LLC, as Term Lender

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Katonah III Ltd by Sankaty Advisors, LLC as 

Sub-Advisors

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 
	 	Chatham Light II CLO, Limited, by Sankaty 

Advisors LLC as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Alan K. Halfenger
 	 
	 	 	Name:  	Alan K. Halfenger 	 
	 	 	Title:  	Chief Compliance Officer
Assistant Secretary 	 
	 

 

 

	 	 	 	 	 
	 	Satellite Senior Income Fund II, LLC 

By: Satellite Asset Management, L.P.

Its Investment Manager

as a Lender

 	 
	 	By:  	          /s/ Simon Raykher
 	 
	 	 	Name:  	Simon Raykher 	 
	 	 	Title:  	General Counsel 	 
	 
	 	FIELD POINT II, LTD., 

as a Lender

 	 
	 	By:  	          /s/ Richard Petrilli
 	 
	 	 	Name:  	Richard Petrilli 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	FIELD POINT III, LTD., 

as a Lender

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

 

 

	 	 	 	 	 
	 	TRS CALLISTO LLC 

By: Deutsche Bank AG New York Branch, its Sole Member

By: DB Services New Jersey, Inc.

as a Lender

 	 
	 	By:  	          /s/ Alice L. Wagner
 	 
	 	 	Name:  	Alice L. Wagner 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                     /s/ Deirdre Whorton
 	 
	 	 	Name:  	Deirdre Whorton 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	SOL Loan Funding LLC 

as a Lender

 	 
	 	By:  	          /s/ Molly Walter
 	 
	 	 	Name:  	Molly Walter 	 
	 	 	Title:  	Attorney-in-Fact 	 
	 

	 	 	 	 	 
	 	Stone Tower CLO V Ltd. 

By:      Stone Tower Debt Advisors LLC,

           as its Collateral Manager

 	 
	 	By:  	          /s/ Michael W. Delpercio
 	 
	 	 	Name:  	Michael W. Delpercio 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Rampart CLO I Ltd. 

By:      Stone Tower Debt Advisors LLC,

            as its Collateral Manager

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

 

 

	 	 	 	 	 
	 	Cornerstone CLO Ltd. 

By:      Stone Tower Debt Advisors LLC,

            as its Collateral Manager

 	 
	 	By:  	          /s/ Michael W. Delpercio
 	 
	 	 	Name:  	Michael W. Delpercio 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Stone Tower Credit Funding I Ltd. 

By:      Stone Tower Fund Management LLC,

            as its Collateral Manager

 	 
	 	By:  	          /s/ Michael W. Delpercio
 	 
	 	 	Name:  	Michael W. Delpercio 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Stone Tower CLO II Ltd. 

By:      Stone Tower Debt Advisors LLC,

            as its Collateral Manager

 	 
	 	By:  	          /s/ Michael W. Delpercio
 	 
	 	 	Name:  	Michael W. Delpercio 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Granite Ventures III Ltd. 

By:      Stone Tower Debt Advisors LLC,

            as its Collateral Manager

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

 

 

	 	 	 	 	 
	 	Granite Ventures II Ltd. 

By:      Stone Tower Debt Advisors LLC,

            as its Collateral Manager

 	 
	 	By:  	          /s/ Michael W. Delpercio
 	 
	 	 	Name:  	Michael W. Delpercio 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Granite Ventures I Ltd. 

By:     Stone Tower Debt Advisors LLC,

            as its Collateral Manager

 	 
	 	By:  	          /s/ Michael W. Delpercio
 	 
	 	 	Name:  	Michael W. Delpercio 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Stone Tower CLO IV Ltd. 

By:     Stone Tower Debt Advisors LLC,

           as its Collateral Manager

 	 
	 	By:  	          /s/ Michael W. Delpercio
 	 
	 	 	Name:  	Michael W. Delpercio 	 
	 	 	Title:  	Authorized Signatory 	 
	 
	 	Galaxy V CLO, LTD 

By: AIG Global Investment Corp.

its Collateral Manager, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 

 

 

	 	 	 	 	 
	 	Galaxy VI CLO, LTD 

By: AIG Global Investment Corp.

its Collateral Manager, as a Lender

 	 
	 	By:  	          /s/ Steven S. Oh
 	 
	 	 	Name:  	Steven S. Oh 	 
	 	 	Title:  	Managing Director 	 
	 
	 	Centurion CDO VI, Ltd. 

By:     RiverSource Investments, LLC

           as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 
	 	Centurion CDO VII, Ltd. 

By:    RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 
	 	Centurion CDO 8, Limited 

By:     RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 

 

 

	 	 	 	 	 
	 	Centurion CDO 9, Ltd. 

By:     RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 
	 	Centurion CDO 9, Ltd. 

By:     RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 
	 	Centurion CDO XI, Limited 

By:     RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 
	 	Centurion CDO 12, Limited 

By:     RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 

 

 

	 	 	 	 	 
	 	RiverSource Bond Series, Inc. 

RiverSource Floating Rate Fund

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Assistant Vice President 	 
	 
	 	IDS Life Insurance Company 

By:     RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Yvonne E. Stevens
 	 
	 	 	Name:  	Yvonne E. Stevens 	 
	 	 	Title:  	Senior Managing Director 	 
	 
	 	Ameriprise Certificate Company 

By:    RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Yvonne E. Stevens
 	 
	 	 	Name:  	Yvonne E. Stevens 	 
	 	 	Title:  	Senior Managing Director 	 
	 
	 	Centurion CDO II, Ltd. 

By:     RiverSource Investments, LLC

          as Collateral Manager

as a Lender

 	 
	 	By:  	          /s/ Robin C. Stancil
 	 
	 	 	Name:  	Robin C. Stancil 	 
	 	 	Title:  	Director of Operations 	 
	 

 

 

	 	 	 	 	 
	 	Taconic Capital Partners 1.5 LP, 

By: Taconic Capital Advisors LLC, its investment

advisor

as a Lender

 	 
	 	By:  	          /s/ Jon Jachman
 	 
	 	 	Name:  	Jon Jachman 	 
	 	 	Title:  	Principal 	 
	 
	 	The Foothill Group, Inc. 

as a Lender

 	 
	 	By:  	          /s/ Dennis Ascher
 	 
	 	 	Name:  	Dennis Ascher 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	VRS Venor LLC 

By: Deutsche Bank AG Cayman Islands Branch, Its Sole Member

By: DB Services New Jersey, Inc.

as a Lender

 	 
	 	By:  	          /s/ Alice R. Wagner
 	 
	 	 	Name:  	Alice R. Wagner 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                     /s/ Deirdre Whorton
 	 
	 	 	Name:  	Deirdre Whorton 	 
	 	 	Title:  	Assistant Vice President 	 
	 

 

 

	 	 	 	 	 
	 	GENERAL PARTNER: 

TCW BASS LAKE PARTNERS, L.P.,

as General Partner

TCW ASSET MANAGEMENT COMPANY

its Managing Member

 	 
	 	By:  	          /s/ Melissa V. Weiler
 	 
	 	 	Name:  	Melissa V. Weiler 	 
	 	 	Title:  	Managing Director 	 
	 
	 	 	 
	 	By:  	                      /s/ Craig J. Rethmeyer
 	 
	 	 	Name:  	Craig J. Rethmeyer 	 
	 	 	Title:  	Senior Vice President 	 
	 
	 	LIMITED PARTNERS: 

Those Persons Identified on the Records of the

General Partner

By: TCW Bass Lake Partners, L.P.,

as attorney-in-fact

By: TCW ASSET MANAGEMENT COMPANY

its Managing Member

 	 
	 	By:  	          /s/ Melissa V. Weiler
 	 
	 	 	Name:  	Melissa V. Weiler 	 
	 	 	Title:  	Managing Director 	 
	 
	 	 	 
	 	By:  	                      /s/ Craig J. Rethmeyer
 	 
	 	 	Name:  	Craig J. Rethmeyer 	 
	 	 	Title:  	Senior Vice President 	 
	 

 

 

	 	 	 	 	 
	 	VITESSE CLO LTD. 

By: TCW Advisors as its Portfolio Manager

 	 
	 	By:  	          /s/ Wayne Hosang
 	 
	 	 	Name:  	Wayne Hosang 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                          /s/ Vikas Mavinkurve
 	 
	 	 	Name:  	Vikas Mavinkurve 	 
	 	 	Title:  	Vice President 	 
	 
	 	CELEBRITY CLO LIMITED 

By: TCW Advisors. Inc., as Agent

 	 
	 	By:  	          /s/ Wayne Hosang
 	 
	 	 	Name:  	Wayne Hosang 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                          /s/ Vikas Mavinkurve
 	 
	 	 	Name:  	Vikas Mavinkurve 	 
	 	 	Title:  	Vice President 	 
	 
	 	VELOCITY CLO, LTD. 

By: TCW Advisors. Inc., its Collateral Manager

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

 

 

	 	 	 	 	 
	 	TCW SELECT LOAN FUND, LIMITED 

By: TCW Advisors. Inc., as its Collateral Manager

 	 
	 	By:  	          /s/ Wayne Hosang
 	 
	 	 	Name:  	Wayne Hosang 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                          /s/ Vikas Mavinkurve
 	 
	 	 	Name:  	Vikas Mavinkurve 	 
	 	 	Title:  	Vice President 	 
	 
	 	TCW Senior Secured Floating Rate Loan Fund, L.P. 

By: TCW Advisors. Inc., as its Investment Advisor

 	 
	 	By:  	          /s/ Wayne Hosang
 	 
	 	 	Name:  	Wayne Hosang 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                          /s/ Vikas Mavinkurve
 	 
	 	 	Name:  	Vikas Mavinkurve 	 
	 	 	Title:  	Vice President 	 
	 
	 	TCW Senior Secured Loan Fund 

By: TCW Advisors. Inc., as its Investment Advisor

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

 

 

	 	 	 	 	 
	 	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/ Wayne Hosang
 	 
	 	 	Name:  	Wayne Hosang 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                          /s/ Vikas Mavinkurve
 	 
	 	 	Name:  	Vikas Mavinkurve 	 
	 	 	Title:  	Vice President 	 
	 
	 	FIRST 2004-II CLO, LTD. 

By: TCW Advisors. Inc., its Collateral Manager

 	 
	 	By:  	          /s/ Wayne Hosang
 	 
	 	 	Name:  	Wayne Hosang 	 
	 	 	Title:  	Vice President 	 
	 
	 	 	 
	 	By:  	                          /s/ Vikas Mavinkurve
 	 
	 	 	Name:  	Vikas Mavinkurve 	 
	 	 	Title:  	Vice President 	 
	 
	 	FIRST 2004-I CLO, LTD. 

By: TCW Advisors. Inc.,

its Collateral Manager

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

 

 

	 	 	 	 	 
	 	WG Horizons CLO I, as a Lender 

By:     West Gate Horizons Advisors LLC,

           as Manager

 	 
	 	By:  	          /s/ Gordon R. Cook
 	 
	 	 	Name:  	Gordon R. Cook 	 
	 	 	Title:  	Senior Credit Analyst 	 
	 
	 	WG Horizons CLO I, as a Lender 

By:     West Gate Horizons Advisors LLC,

           as Manager

 	 
	 	By:  	          /s/ Gordon R. Cook
 	 
	 	 	Name:  	Gordon R. Cook 	 
	 	 	Title:  	Senior Credit Analyst 	 
	 
	 	ENDURANCE CLO I., LTD, as a Lender 

c/o West Gate Horizons Advisors LLC,

As Portfolio Manager

 	 
	 	By:  	          /s/ Gordon R. Cook
 	 
	 	 	Name:  	Gordon R. Cook 	 
	 	 	Title:  	Senior Credit Analyst 	 
	 
	 	Union Bank of California, N.A. 

as a Lender

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

 

 

	 	 	 	 	 
	 	PRESIDENT & FELLOWS of HARVARD COLLEGE (Ref: Harvard Special Situations Account), as a Lender

By:     Whippoorwill Associates, Incorporated,

           its agent and authorized signatory

 	 
	 	By:  	          /s/ Shelley F. Greenhaus
 	 
	 	 	Name:  	Shelley F. Greenhaus 	 
	 	 	Title:  	President 	 
	 
	 	BLUE CROSS OF CALIFORNIA, as a Lender 

By:     Whippoorwill Associates, Incorporated,

           its agent and authorized signatory

 	 
	 	By:  	          /s/ Shelley F. Greenhaus
 	 
	 	 	Name:  	Shelley F. Greenhaus 	 
	 	 	Title:  	President 	 
	 
	 	WHIPPOORWILL ASSOCIATES, INC. PROFIT SHARING PLAN, as a Lender

 	 
	 	By:  	          /s/ Shelley F. Greenhaus
 	 
	 	 	Name:  	Shelley F. Greenhaus 	 
	 	 	Title:  	Trustee 	 
	 
	 	WHIPPOORWILL DISTRESSED OPPORTUNITY FUND, L.P., as a Lender

By:     Whippoorwill Distressed Opportunity Fund

          GP, LLC, its general partner

By:     Whippoorwill Associates, Incorporated,

          its managing member

 	 
	 	By:  	          /s/ Shelley F. Greenhaus
 	 
	 	 	Name:  	Shelley F. Greenhaus 	 
	 	 	Title:  	President 	 
	 

 

 

	 	 	 	 	 
	 	WHIPPOORWILL OFFSHORE DISTRESSED OPPORTUNITY FUND, LTD., as a Lender

By:     Whippoorwill Associates, Incorporated,

          its agent and authorized signatory

 	 
	 	By:  	          /s/ Shelley F. Greenhaus
 	 
	 	 	Name:  	Shelley F. Greenhaus 	 
	 	 	Title:  	President 	 
	 
	 	PRESIDENT & FELLOWS of HARVARD COLLEGE, as a Lender

By:     Whippoorwill Associates, Incorporated,

          its agent and authorized signatory

 	 
	 	By:  	          /s/ Shelley F. Greenhaus
 	 
	 	 	Name:  	Shelley F. Greenhaus 	 
	 	 	Title:  	President 	 
	 
	 	SILVERADO CLO 2006-1 LIMITED, 

as a Lender

By: Wells Capital Management as Portfolio Manager

 	 
	 	By:  	          /s/ Philip Susser
 	 
	 	 	Name:  	Philip Susser 	 
	 	 	Title:  	Senior Analyst 	 
	 
	 	VULCAN VENTURES, INC., 

as a Lender

 	 
	 	By:  	          /s/ Philip Susser
 	 
	 	 	Name:  	Philip Susser 	 
	 	 	Title:  	Senior Analyst 	 
	 

 

 

	 	 	 	 	 
	 	WELLS CAPITAL MANAGEMENT 16463700, 

as a Lender

 	 
	 	By:  	          /s/ Philip Susser
 	 
	 	 	Name:  	Philip Susser 	 
	 	 	Title:  	Senior Analyst 	 
	 
	 	WELLS CAPITAL MANAGEMENT 13823100, 

as a Lender

 	 
	 	By:  	          /s/ Philip Susser
 	 
	 	 	Name:  	Philip Susser 	 
	 	 	Title:  	Senior Analyst 	 
	 
	 	WELLS CAPITAL MANAGEMENT 12222133, 

as a Lender

 	 
	 	By:  	          /s/ Philip Susser
 	 
	 	 	Name:  	Philip Susser 	 
	 	 	Title:  	Senior Analyst 	 
	 
	 	WELLS CAPITAL MANAGEMENT 18866500, 

as a Lender

 	 
	 	By:  	          /s/ Philip Susser
 	 
	 	 	Name:  	Philip Susser 	 
	 	 	Title:  	Senior Analyst 	 
	 

 

 

	 	 	 	 	 
	 	LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE, as a Lender

 	 
	 	By:  	          /s/ Phillip J. Kirkham
 	 
	 	 	Name:  	Phillip J. Kirkham 	 
	 	 	Title:  	Vice President,
Corporate Finance Division,
Structured Finance 	 
	 
	 	 	 
	 	By:  	                     /s/ David A. Leech
 	 
	 	 	Name:  	David A. Leech 	 
	 	 	Title:  	Senior Vice President, Manager,
Corporate Finance Division 	 
	 
	 	OCM High Yield Plus Fund, L.P. 

As a Lender

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 [illegible]
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

Exhibit A

to the Third Amendment

Annex 6.7A of Schedule 6.7

to the Credit Agreement

 

 

Exhibit B

to the Third Amendment

 

 

EXHIBIT I

to the Credit Agreement

FORM OF

PREPAYMENT OPTION NOTICE

Dated: ____, 200_

Deutsche Bank Trust Company Americas,

as First Priority Agent

Global Products Leveraged Loan Portfolio

60 Wall Street

New York, New York 10005

Attention: Marcus Tarkington

Telecopy No. 212-797-0070

Credit Suisse, as

Second Priority Agent

Eleven Madison Avenue

New York, New York 10010

Attention: James Moran

Telecopy No. 212-743-1878

Ladies and Gentlemen:

          The undersigned, [Deutsche Bank Trust Company Americas, as administrative agent for the First
Priority Lenders] [CS as administrative agent for the Second Priority Term Lenders] (in such
capacity, the “Administrative Agent”), refers to the Amended and Restated Revolving Credit,
Term Loan and Guarantee Agreement, dated as of February 23, 2006 (the “Credit Agreement”),
among Calpine Corporation (the “Borrower”), the subsidiaries of the Borrower named therein,
the financial institutions from time to time parties thereto (collectively, the “Lenders”),
and Deutsche Bank Trust Company Americas, as administrative agent for the First Priority Lenders,
and Credit Suisse, as administrative agent for the Second Priority Term Lenders (collectively, the
“Administrative Agents”) among others. Unless otherwise defined herein, terms defined in
the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.
The Administrative Agent hereby gives notice of an offer of prepayment made by the Borrower
pursuant to Section 2.17(e) of the Credit Agreement of the [First Priority Term Loans] [Second
Priority Term Loans] Prepayment Amount. Amounts applied to prepay the [First Priority Term Loans]
[Second Priority Term Loans] shall NOT be

 

 

applied pro rata to the [First Priority Term Loan] [Second Priority Term Loan] held by you
unless you elect to receive such prepayment pursuant to the instructions below. The portion of the
prepayment amount to be allocated to the [First Priority Term Loan] [Second Priority Term Loan]
held by you and the date on which such prepayment will be made to you (should you elect to receive
such prepayment) are set forth below:

	(A)	 	Total [First Priority Term Loan] [Second Priority Term Loan] Prepayment Amount:                                
	 
	(B)	 	Portion of [First Priority Term Loan] [Second Priority Term Loan] Prepayment
Amount to be received by you:                                
	 
	(C)	 	Mandatory Prepayment Date (ten (10) Business Days after the
date of this Prepayment Option Notice):                     

          IF YOU WISH TO RECEIVE ALL OR ANY OF THE [FIRST PRIORITY TERM LOAN] [SECOND PRIORITY TERM
LOAN] PREPAYMENT AMOUNT TO BE ALLOCATED TO YOU ON THE MANDATORY PREPAYMENT DATE INDICATED IN
PARAGRAPH (C) ABOVE, please sign this notice in the space provided below and indicate the
percentage of the [First Priority Term Loan] [Second Priority Term Loan] Prepayment Amount
otherwise payable which you wish to receive. Please return this notice as so completed via
telecopy to the attention of [                                        ], no later than five (5) Business Days after
receipt of this Prepayment Notice, at telecopy number [                                        ]. IF YOU DO NOT RETURN
THIS NOTICE, YOU WILL NOT RECEIVE ANY OF THE [FIRST PRIORITY TERM LOAN] [SECOND PRIORITY TERM LOAN]
PREPAYMENT ALLOCATED TO YOU ON THE MANDATORY PREPAYMENT DATE.

[remainder intentionally of page left blank.]

 

 

	 	 	 	 	 
	 	[DEUTSCHE BANK TRUST COMPANY

AMERICAS, as First Priority Agent]

[CREDIT SUISSE, as Second Priority Agent]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 

                                                                  ,

(Name of Lender)

	 	 	 	 	 
	By:
	 	 	 	 
	Title:

	 	 

	 	 

	 	 	 
	 

	 	Percentage of [First Priority Term Loan] [Second

          Priority Term Loan]:                     
	 
	 	 
	 

	 	Prepayment Amount accepted:                     %

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