Exhibit 10.3
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And When Recorded Return to:
Xxxxx X. Xxxxx, CLAS
Xxxx Xxxxxxx & Xxxxxx LLP
000 Xxxxxxxx Xxxxx, Xxxxx 000
Xxxxxx, Xxxxx 00000
TERMINATION OF SERIES B POWER TRANSFER FACILITIES AGREEMENT
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THIS TERMINATION OF SERIES B POWER TRANSFER FACILITIES AGREEMENT is entered
into effective as of the 31st day of August, 2006 (the "Effective Date"), by and
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between ENRON WIND SYSTEMS, LLC, a California limited liability company ("EWS"),
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and ZOND WINDSYSTEM PARTNERS, LTD. SERIES 85-B, a California Limited Partnership
("ZWP 85-B" and, together with EWS, the "Parties").
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RECITALS
A. As of September 9, 1985, EWS (as successor in interest to Zond Systems,
Inc.) and ZWP 85-B entered into that certain Series B Power Transfer Facilities
Agreement (as amended, the "Agreement") recorded on November 13, 1985 in Book
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5815, Page 1168 of the Official Records of Xxxx County, California.
B. The Parties desire to terminate the Agreement.
AGREEMENT
1. In consideration of the premises and covenants herein set forth, the
Parties hereby terminate the Agreement effective as of the Effective Date.
2. All of the covenants, terms and conditions set forth herein shall be
binding upon and shall inure to the benefit of the parties hereto and their
respective successors and assigns.
EXECUTED as of the Effective Date.
PARTIES:
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ENRON WIND SYSTEMS, LLC,
a California limited liability company
By: Enron Wind LLC,
its sole member
By: Enron Renewable Energy Corp.,
its sole member
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx,
President and Chief
Executive Officer
ZOND WINDSYSTEM PARTNERS, LTD.
SERIES 85-B, a California Limited
Partnership
By: Zond Windsystems Management IV
LLC, its general partner
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx, President
2
ACKNOWLEDGMENT OF ENRON WIND SYSTEMS, LLC
THE STATE OF TEXAS )
) ss.
COUNTY OF XXXXXX )
On September 7, 2006, before me, Xxxx Xxxxxxxx Xxxxxx, a Notary
Public, personally appeared Xxxxx X. Xxxxxx, President and Chief Executive
Officer of Enron Renewable Energy Corp., the sole member of Enron Wind LLC, the
sole member of Enron Wind Systems, LLC, a California limited liability company,
personally known to me (or proved to me on the basis of satisfactory evidence)
to be the person whose name is subscribed to the within instrument and
acknowledged to me that he executed the same in his authorized capacity, and
that by his signature on the instrument the person, or the entity upon behalf of
which the person acted, executed the instrument.
WITNESS my hand and official seal.
(SEAL)
XXXX XXXXXXXX XXXXXX
NOTARY PUBLIC, STATE OF TEXAS /s/ Xxxx Xxxxxxxx Xxxxxx
MY COMMISSION EXPIRES -----------------------------------
MARCH 9, 2008 Signature of Notary Public
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ACKNOWLEDGMENT OF ZOND WINDSYSTEM PARTNERS, LTD. SERIES 00-X, X
XXXXXXXXXX XXXXXXX XXXXXXXXXXX
XXX XXXXX XX XXXXX )
) ss.
COUNTY OF XXXXXX )
On September 7, 2006, before me, Xxxx Xxxxxxxx Xxxxxx, a Notary
Public, personally appeared Xxxxx X. Xxxxxx, President of Zond Windsystems
Management IV LLC, the general partner of Zond Windsystem Partners, Ltd. Series
85-B, a California Limited Partnership, personally known to me (or proved to me
on the basis of satisfactory evidence) to be the person whose name is subscribed
to the within instrument and acknowledged to me that he executed the same in his
authorized capacity, and that by his signature on the instrument the person, or
the entity upon behalf of which the person acted, executed the instrument.
WITNESS my hand and official seal.
(SEAL)
XXXX XXXXXXXX XXXXXX
NOTARY PUBLIC, STATE OF TEXAS /s/ Xxxx Xxxxxxxx Xxxxxx
MY COMMISSION EXPIRES -----------------------------------
MARCH 9, 2008 Signature of Notary Public
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