Re: Letter Amendment to Lease Assignment Agreement Dated as of September 10, 2010
Exhibit 4.186
October 13, 2010
Mr. Xxxx Xxxxxx
President and CEO
Iceland America Energy, Inc.
000 Xxxxxxxx Xxxxxxxxx, Xxxxx 0000
Xxx Xxxxxxx, Xxxxxxxxxx 00000
| Re: | Letter Amendment to Lease Assignment Agreement |
| Dated as of September 10, 2010 |
Dear Xxxx:
Reference is made to that certain Lease Assignment Agreement by and between Iceland America energy, inc. and ORNI 5, LLC dated as of September 10, 2010 as amended by that certain letter agreement dates September 24, 2010 (the "Agreement"). Pursuant to this letter, the parties wish to amend the Agreement as follows:
| 1. | Section 3.2.2 is amended to state that the parties shall use reasonable commercial efforts to cause the Closing to occur on or before October 27, 2010. |
|
| 2. | All other terms and conditions of the Agreement shall remain in full force and effect |
If you in agreement with the above please sign, date and return an executed copy to me.
Sincerely,
/s/ Xxxxxxx X. Xxxxxxx
Xxxxxxx X Xxxxxxx
Land Department/Manager
Agreed and accepted by Iceland America Energy, Inc. this 13th day of October, 2010.
/s/ Xxxx Xxxxxx
Xxxx Xxxxxx
President and CEO
ORMAT TECHNOLOGIES, INC.
0000 Xxxx Xxxx • Xxxx, XX 00000-0000 • Phone: (000) 000-0000
• Fax: (000) 000-0000 • E-mail: xxxxx@xxxxx.xxx • Website: xxxx://xxx.xxxxx.xxx
