Exhibit 10.64.1
AMENDMENT ONE
AMENDMENT ONE (this "Amendment"), dated as of May 29, 2001, by and
among EME FINANCE UK LIMITED (the "Borrower"), and BARCLAYS BANK PLC, as
Facility Agent (the "FACILITY AGENT") for the Banks (as defined below).
WHEREAS, the Borrower, certain banks party thereto (the "BANKS"),
the Arrangers, and the Facility Agent have entered into that certain Coal and
CAPEX Facility Agreement dated July 16, 1999, the "FACILITY AGREEMENT");
WHEREAS, pursuant to the Facility Agreement the EDISON MISSION
ENERGY, (the "Guarantor") issued that certain Guarantee, dated as of July 16,
1999, (as amended by Amendment One dated as of August 17, 2000) among the
Guarantor and the Facility Agent) (the "Guarantee"), in favor of the Facility
Agent, as Facility Agent for the Banks, which sets forth, INTER ALIA, certain
covenants of the Guarantor;
WHEREAS, pursuant to Clause 22 of the Facility Agreement, the
consent of the Majority Banks and the Facility Agent is required for any
amendment to the Facility Agreement;
WHEREAS, Edison International, the Guarantor's ultimate parent,
is contemplating a new debt facility; and
WHEREAS, the Guarantor and Borrower have requested, and the
Facility Agent and the Majority Banks have agreed, to amend certain
provisions of the Guarantee and the Facility Agreement so as to permit the
new debt facility.
NOW, THEREFORE, the parties hereto agree as follows:
Section 1. DEFINITIONS. Except as otherwise defined in this
Amendment, terms defined in the Facility Agreement are used herein (and in
the introductions and recitals hereto) as defined therein.
Section 2. AMENDMENT TO THE FACILITY AGREEMENT. Subject to the
satisfaction of the conditions precedent specified in Section 3 below, but
effective as of the Amendment Effective Date, the Facility Agreement shall be
amended as follows:
(a) SECTION 17.9 of the Facility Agreement shall be amended by
deleting clause (a)
AMENDMENT ONE TO FACILITY AGREEMENT
in its entirety and replacing it with the following:
"[INTENTIONALLY OMITTED]".
Section 3. CONDITIONS PRECEDENT. This Amendment shall become
effective and the Facility Agreement shall be amended on the date (the
"AMENDMENT EFFECTIVE DATE") on which the Facility Agent shall have executed
the Amendment and shall have received from the Borrower a copy of this
Amendment duly executed and delivered by the Borrower. Notwithstanding the
preceding sentence, this Amendment shall not become effective and the
Facility Agreement shall not be amended on the Amendment Effective Date (a)
if a Potential Event of Default or an Event of Default has occurred and is
continuing on such date and (b) unless, except as disclosed in the
Guarantor's filings with the Securities and Exchange Commission pursuant to
the Exchange Act of 1934 (copies of which have been provided to the Facility
Agent), the representations and warranties of the Guarantor contained in the
Finance Documents are true and correct in all material respects as of the
Amendment Effective Date with the same effect as though such representations
and warranties had been made on and as of the Amendment Effective Date
(except for such representations and warranties made as of a specified date,
which shall be true and correct in all material respects as of such specified
date).
Section 4. MISCELLANEOUS. Except as expressly amended hereby, the
Facility Agreement is hereby reaffirmed in all respects and all of the terms
and provisions of the Facility Agreement are and shall remain in full force
and effect. This Amendment may be executed in any number of counterparts and
by facsimile signature, all of which taken together shall constitute one and
the same original instrument and any of the parties hereto may execute this
Amendment by signing any such counterpart. This Amendment shall be governed
by, and construed in accordance with, the laws of England.
[THE REST OF THIS PAGE HAS INTENTIONALLY BEEN LEFT BLANK]
AMENDMENT ONE TO FACILITY AGREEMENT
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed and delivered by their respective officers thereunto duly authorized.
EDISON MISSION ENERGY
By: /s/ G. Xxxx Xxxxxx
-------------------------------------
Name: G. Xxxx Xxxxxx
Title: Treasurer
Date: May 29, 2001
EME FINANCE UK LIMITED
By: /s/ Xxxxxxx X. Xxxxx
------------------------------------
Name: Xxxxxxx X. Xxxxx
Title: Director
Date: May 31, 2001
BARCLAYS BANK PLC, as Facility Agent for the
Banks party to the Coal and CAPEX Facility
By: /s/ Xxxxxx Xxxx
------------------------------------
Name: Xxxxxx Xxxx
Title: Manager
Date: May 29, 2001
BARCLAYS BANK PLC, as Facility Agent, on
behalf of, and with the consent of, the Majority
Banks
By: /s/ Xxxxxx Xxxx
------------------------------------
Name: Xxxxxx Xxxx
Title: Manager
Date: May 29, 2001
AMENDMENT ONE TO FACILITY AGREEMENT
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