Registration Rights Agreement Dated May 12, 2006 among Nevada Power Company and Banc of America Securities LLC and Barclays Capital Inc. and BNY Capital Markets, Inc., As Representatives of the Initial PurchasersRegistration Rights Agreement • June 7th, 2006 • Nevada Power Co • Electric services • New York
This Registration Rights Agreement (the “Agreement”) is made and entered into this 12th day of May, 2006, by and between Nevada Power Company, a Nevada corporation (the “Company”), and Banc of America Securities LLC, Barclays Capital Inc. and BNY Capital Markets, Inc., as representatives (the “Representatives”) of the Initial Purchasers (the “Initial Purchasers”), as contemplated by the Purchase Agreement, dated May 9, 2006 (the “Purchase Agreement”), by and between the Company and the Initial Purchasers, which provides for the sale by the Company to the Initial Purchasers of an aggregate of $250,000,000 in principal amount of the Company’s 6.50% General and Refunding Mortgage Notes, Series O, due 2018 (the “Securities”). In order to induce the Initial Purchasers to enter into the Purchase Agreement, the Company has agreed to provide the registration rights set forth in this Agreement. The execution of this Agreement is a condition to the closing under the Purchase Agreement.
