Cogeneration Development Agreement Sample Contracts

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Cogeneration Development Agreement • May 5th, 2020 • New York

<DOCUMENT> <TYPE>EX-99 <SEQUENCE>8 <FILENAME>ex-b7.txt <DESCRIPTION>EXHIBIT B-7 <TEXT> Exhibit B-7 MESC COGENERATION DEVELOPMENT AGREEMENT This MESC Cogeneration Development Agreement (the "Agreement") is made and entered into as of the 9th day of February, 2000 by and among Southern Energy Resources, Inc., a Delaware corporation ("SERI"), Southern Energy, Inc., a Delaware corporation ("SEI"), Mobile Energy Services Company L.L.C., an Alabama limited liability company ("MESC), and Mobile Energy Services Holdings, Inc., an Alabama corporation ("MESH"). R E C I T A L S A. Each of MESC and MESH is a debtor-in-possession under Chapter 11 of the Bankruptcy Code in a case filed in U.S. Bankruptcy Court for the Southern District of Alabama (the "Bankruptcy Court"). B. MESH is the owner of ninety-nine percent (99%) of the outstanding ownership interests of MESC, and MESH is a wholly owned subsidiary of The Southern Company, a Delaware corporation ("Southern"). C. SERI is a wholly owned subsidi

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