ML20155E309

Forwards Endorsement 3 to Nelia Certificate N-110 & Endorsement 3 to Maelu Certificate M-110

ML20155E309
Person / Time
Site:	Beaver Valley
Issue date:	06/06/1988
From:	Barnett J CONOVER & ASSOCIATES, INC.
To:	Dinitz I NRC
References
NUDOCS 8806160057
Download: ML20155E309 (14)

Text

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, _ :m CONOVEn es AMHOURATES, INCe

'INf41HtANmc D:511*ENN Avuxen.:

l'I n Hess?n< tant 1."E22 2 ht tu) aM s-winissa June 6, 1988 4

Mr. Ira Dinitz, Indemnity Specialist Office of Antitrust & Indemnity Nuclear Reactor Regulation Nuclear.- Regula tory.. Commi ssion Washington, DC 20555 Re:

Duquesne Light Company Beaver Valley Power Station Secondary Financial Protection

' Unit #2

Dear Mr. Dinitz:

-We are erclosing two copies each of Endorsements #3 to NELIA Certificate No. N-110 and MAELU Certificate No.

M-110.

These endorsements add Additional Insureds in regard to the leaseback of Unit #2.

Sincerely, 6{

oseph E.

Barnett Executive Vice President JEB:sak Enclosures cca Mr.

H.

G.

Stoecker Duquesne Light Company g6 I

\\

esatt%BS7 e$$h$ 12 cw o eda PDa J

p Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDATORY END0RSEMENT It is understood and agreed that effective September 15, 1987, this certificate is amended as indicated below:

A.

The following are included as Additional Insureds ' with respect to their interest under primary financial protection on the effective date indicated below.

Except with respect to compliance with the obligations imposed upon the insured by Conditions 8, 9, 10 and 11 of Master Policy No.

1, any obligation imposed upon the Named Insureds (including, without limitrtion, the linility to pay premiums) shall be the sole obligation of the Named Insureds and not that of any Additional Insured named hereunder.

1.

Alexander Hamilton Life Insurance Company of America 2.

Beaver Valley Inc.

3.

Beaver Valley Leasing Corporation 4.

Beaver Valley Two Omega, Inc.

5.

Beaver Valley Two Omega Limited Partne'rship 6.

Beaver Valley Two Pi, Inc.

7.

Beaver Valley Two Pi limited Partnership 8.

Beaver Valley Two Rho, Inc.

9.

Beaver Valley Two Rho Limited Partnership 10.

Beaver Valley Two Sigma, Inc.

11.

Beaver Valley Two Sigma Limited Partnership 12.

Beaver Valley Two Tau, Inc.

13. Beaver Valley Two Tau Limited Partnership 14.

BVPS Funding Corporation

15. Chase Manhattan Realty Corporation

16. Chrysler Consortium Corporation 17.

Citicorp ESSL 1. Inc.

18. Comerce Union Bank

19. CTC Beaver Valley Funding Corporation 20.

DQU Funding Corporation

21. HG Power Plant, Inc.

l 22.

Irving Trust Company, as Indenture Trustee

23. Mission Funding Alpha

24. Mission Funding Beta

25. Mission Funding Gamma

26. Palo Verde Leasing Corporation 27.

PARock Limited Partnership 1

, 28.

Perry One Alpha Limited Partnership 29.

Perry One Delta, Inc.

30.

Perry One Delta Limited Partnership 31.

Perry One Gama, Inc.

32.

Perry One Gamma limited Partnership

33. Perry One, Inc.

34.

PNC Commercial Corp.

35. Resources Capital Financing Corporation

36. Security Pacific Leasing Corporation 37.

Sovran Leasing Corporation

38. SPLS, Inc.

39. The First National Bank of Boston, as Owner Trustee

40. Trans Union Leasing Corporation B.

This Certificate is further amended as respects each of the above Additional Insureds' interest under primary financial protection as of its respective effective date shown above:

1.

It is acknowledged that Duquesne Light Company and Ohio Edison Company and The Toledo Edison Company and The Cleveland Electric Illuminating Company has waived, as provided in Section 10 (a)

(2) (ii) of the Facility Lease Agreement between the above Additional Insureds and Duquesne Light Company and Ohio Edison Company and The Toledo Edison Company and The Cleveland Electric Illuminating Company dated September 15, 1987, their right of recovery against the above Additional Insureds for loss to which this policy applies.

2.

If the Additional Insureds listed above have other valid and collectible insurance (other than primary financial protection or concurrent insurance) applicable to excess losses covered by this Master Policy, the insurance afforded by this Master Policy shall be primary insurance under such other insurance.

3.

If the companies cancel this policy, such cancellation shsll be effective as to the above Adaitional Insureds by mailing or delivering written notice at least 30 days before tnc effective date of such cancellation to First National Bank of Bostvr.

100 Federal Street, Boston, Massachusetts 02110.

4.

If the companies reduce the limit of the companies' liability indicated in Item 4 of the Declarations by 10% or more for a reason other than payment of losses and expenses, or the companies eliminate any coverage in effect at policy issuance or any anniversary date of this policy, the companies will mail or deliver written notice of such reduction or elimination to The First National Bank of Boston, 100 Federal Street, Boston, Massachusetts 02110 at least 30 days before the effective date of such reduction or elimination.

a THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE. BEAR!NG THE NUMBER DESIGN ATED HEREON, FOR INSURANCE COVERA 9E UNDER THE MASTER P0llCY NUCLEAR ENERGY LIABILI Y INSURANCE ISEC0hD4RY TW A': M PROTECTION). NO INSURA.OEi g DRCEO V " ' "

O.

3MN L ' 'hT1HuCCH)

VRi PRESr0ENT-LIAB'LITY UNDERWRITING

,. g AMERICAN NUCLEAR INSURERS

,, g;g;g i

Effsetive Date of l

this Endorsement September Ib,1987 To form a part of Certificate No.

N-110 12:01 A.M. Standard Time Issusd to Duquesne Light Company, Ohio Edison Company and Pennsylvania Power Company f

Date of Issue May 16, 1988 For the Sub ribing Companies I

By k ' h4' W

i PRESIDENT l

l Endorsement No.

3 Countersigned by i

Nuclear Enegy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDATORY ENDORSEMENT It is understood and agreed that effective September 15, 1987, this certificate is amended as indicated below:

A.

The following are included as Additional Insureds with respect to their interest under primary financial protection on the effective date indicated below.

Except with respect to compliance with the obligations imposed upon the insured by Conditions 8, 9, 10 and 11 of Master Policy No.1, any obligation imposed upon the Named Insureds b

i (including, without limitation, the liability to pay premiums) shall be the sole obligation of the Named Insureds and 10t that of any Additional Insured named hereunder, i

1.

Alexander Hamilton Life Insurance Company of America 2.

Beaver Valley Inc.

3.

Beaver Valley leasing Corporation 4.

Beaver Valley Two Omega, Inc.

5.

Beaver Valley Two Omega Limited Partnership 6.

Beaver Valley Two Pi, Inc.

7.

Beaver Valley Two Pi limited Partnership 8.

Beaver Valley Two Rho, Inc.

9.

Beaver Valley Two Rho Limited Partnership

10. Beaver Valley Two Sigma, Inc.

11. Beaver Valley Two Sigma Limited Partnership

12. Beaver Valley Two Tau, Inc.

13. Beaver Valley Two Tau Limited Partnership 14.

BVPS Funding Mrporation l

15. Chase Manhattan Realty Corporation

16. Chrysler Consortium Corporation

17. Citicorp ESSL 1. Inc.

18. Comerce Union Bank 19.

CTC Beaver Valley Funding Corporation

20. DQU Funding Corporation

21. HG Power Plant, Inc.

22.

Irving Trust Company. as Indenture Trustee

23. Mission Funding Alpha

24. Mission Funding Beta

25. Mission Funding Gamma

26. Palo Verde leasing Corporation 27.

PARock Limited Partnership

. 28.

Perry One Alpha Limited Partnership 29.

Perry One Delta, Inc.

30.

Perry One Delta Limited Partnership i

31.

Perry One Gamma, Inc.

32.

Perry One Gamma Limited Partnership 33.

Perry One, Inc.

34.

PNC Commercial Corp.

35.

Resources Capital. Financing Corporation 36.

Security Pacific Leasing Corporation 37.

Sovran Leasing Corporation 38, SPLS, Inc.

39. The First National Bank of Boston, as Owner Trustee

40. Trans Union leasing Corporation B.

This Certificate is further amended as respects 'each ' of the above Additional Insureds' interest under primary financial protection as of its respective effective date shown above:

1.

It is acknowledged that Duquesne Light Company and Ohio Edison Company and TLe Toledo Edison Company and The Cleveland Electric Illuminating Company has. waived, as provided in Section 10 (a)

(2) (ii) of the Facility lease Agreement between the above Additional Insureds and Duquesne Light Company and Ohio Edison Company and The Toledo Edison Company and The Cleveland. Electric Illuminating Company dated September 15, 1987, their right of recovery against the above Additional Insureds for loss to w.iich this policy applies.

2.

If the Additional Insureds listed above have other valid and collectible insurance (other than primary financial protection or concurrent insurance) applicable to excess losses covered by this Master Policy, the insurance afforded by this Master Policy shal?

be primary insurance under such other insurance.

3.

If the companies cancel this policy, such cancellation shall be effective as to the above Additional Insureds by mailing or delivering written notice at least 30 days before the effective date of such cancellation to First National Bank of Boston,100 federal Street, Boston, Massachusetts 02110.

t

. 4.

If the companies reduce the limit of the companies' liability indicated in Item 4 of the Declarations by 10% or more for a reason other than payment of losses and expenses, or the companies eliminate any coverage in effect at policy issuance or any anniversary date of this policy, the companies will mail or deliver written notice of such reduction or elimination to The First National Bank of Boston, 100 Federal Street, Boston, Massachusetts 02110 at least 30 days before the effective date of such reduction or elimination.

L THIS IS TO CER11FY THAT THIS IS A TRUE COPY OF T;tE ORIGINAL CEP,TIFICATE, BEARING THE NU!/ DER I49GNATED HEREON. FOR titSURA.4CE COVEf1A3E UNCE R TPE '! A: Ti - VCCY - NUCLE UA!)R! Y !NSURANCE (SiCD'C, J RNA[AL i MOTECTl0ft). NO INSURA C5I CD JOHNL. !ATTRCCCH!

s

\\lCL PRESIDENT-LIABilllY UNDERWRiflNG A:/,ER;CAf4 NUCLEAR ll4SURERS Effective Date of this Endorsement September 15, 1987 To form a part of Certificate No.

N-110 12:01 A.M. Standard Time Issued to Duquesne Light Company, Ohio Edison Company and Pennsylvania Power Company Dete of Issue May 16, 1988 For the Sub ribing Companies By k' M V

W PRESIDENT Endorsement No.

3 countersigned by

l Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDATORf ENDORSEMENT It is understood and agreed that effective September 15, 1987, this certificate is amended as indicated below:

A.

The following are included as Additional Insureds with respect to their interest under primary financial protection on the effective date indicated below.

Except with respect to compliance with the obligations imposed upon the insured by Conditions 8, 9, 10 and 11 of Master Policy No.1, 'any obligation imposed upon the Named Insureds (including, without limitation, the liability to pay ' premiums) shall be the sole obligation of the Named Insureds and not that of any Additional Insured named hereunder.

1.

Alexander Hamilton Life Insurance Company of America 2.

Beaver Valley Inc.

3.

Beaver Valley Leasing Corporation 4.

Beaver Valley Two Omega, Inc.

5.

Beaver Valley Two Omega Limited Partnership 6.

Beaver Valley Two Pi, Inc.

7.

Beaver Valley Two Pi Limited Partnership 8.

Beaver Valley Two Rho, Inc.

9.

Beaver Valley Two Rho Limited Partnership

10. Beaver Valley Two Sigma, Inc.

~

11. Beaver Valley Two Sigma Limited Partnership

12. Beaver Valley Two Tau, Inc.

13. Beaver Valley Two Tau Limited Partnership

14. BVPS Funding Corporation

15. Chase Manhattan Realty Corporation

16. Chrysler Consortium Corporation

17. Citicorp ESSL 1, Inc.

18. Commerce Union Bank 19.

CTC Beaver Valley Funding Corporation

20. DQU Funding Corporation

21. HG Power Plant, Inc.

22.

Irving Trust Company, as Indenture Trustee

23. Mission Funding Alpha

24. Mission Funding Beta

25. Mission Funding Gamma

26. Palo Verde leasing Corporation 27.

PARock Limited Partnership

28. Perry One Alpha Limited Partnership

29. Perry One Delta, Inc.

30. Perry Ona Delta Limited Pt rinership 31.

Perry On! Gama, Inc.

32. Perry One Gamma Limited artnership 33.

Perry One Inc.

34. PNC Comercial Corp.

35.

Resources Capital Financing Corporation

36. Security Pacific Leasing Corporation 37.

Sovran Leasing Corporation 38.

SPLS, Ir>c.

39.- The First National Bank of Boston, as Owner Trustee

40. Trans Union Leasing Corporation B.

This Certificate is further amended as respects each of the above Additional Insureds' interest under primary financial protection as of its respective effective date shown above:

1.

It i' acknowledged that Duquesne Light Company and Ohio Edison Compa n and The Toledo Edison Company and The Cleveland Electric Illuminating Company has waived, as provided in Section 10 (a)

(2) (ii) of the Facility lease Agreement between the above Additional Insureds and Duquesne Light Company and Ohio Edison Company and The Toledo Edison Company and The Cleveland Electric Illumine ting Company dated September 15, 1987, their right of recovery against the above Additional Insureds for loss to which this policy applies.

2.

If the Additional insureds listed above have other valid and collectible insurance (other than primary financial protection or concurrent insurance) applicable to excess losses covered by this Master Policy, the insurance afforded by this Master Policy shall be primcry insurance under such other insurance.

3.

If the companies cancel this policy, such cancellation shall be effective as to the above Additional Insureds by mailing or delivering written notice at least 30 days before the effective i

date of such cancellation to First National Bank of Boston,100 Federal Street, Bost.on, Massachusetts 02110.

l I

l

{j 4

4.

If the companies reduce the limit of the companies' liability indicated in Item 4 of the Declarations by 10% or more for a reason other than payment of losses and expenses, or the companies eliminate any coverage in effect at policy issuance or any anniversary date of this policy, the companies will mail or deliver written notice of such reduction or elimination to The First National Bank of Boston, 100 Federal Street, Boston, Massachusetts 02110 at least 30 days before the effective date of such reduction or elimination.

THIS IS TO CER11FY THAT THIS IS A TRUC COPY OF THE ORIGINAL CERTIF CATE. JEARING THE NU',GER CES:GNATED HEREON, FOR INSURANCE CCVER AGE UNDER THE AST f@(CY NUCLEARENERGY L:GL Ty 'NSURANCE !Src0S / '" nt'<*

PL PPOTECTION). NO INsun. !cE Ig(M JOHN L ' I AITROCCHI vat PHESr0ENT.UABluTY UNDERWRITlNG ggig.;)

AMi.RICAN NUCLEAR INSURERS Effactive Date of j

this Endorsement September 15, 1987 To form a part of Certificate No, M-110 12:01 A.M. Standard Time i

i Issued to Duquesne Light Company, Ohio Edison Company and Pennsylvania Power Company l

Dcto of Issue May 16, 1988 For the Subscribing Companies MUTUAL AT(MIC ENERGY LIABILITY UNDERWRITERS O~

BY l

Endorsement No.

3 countersigned by 1

l I

Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDATORY ENDORSEMENT It is understood and agreed that effective September 15, 1987, this certificate is amended as indicated below:

A.

The following are included as Additional ~ Insureds with. respect to their interest under financial protection on the effective indicated below. primaryExcept with respect to compliance with the date obligations ilaposed upon the insured by Conditions 8, 9,10 and 11 of Master Policy No.1, any obligation imposed upon the Named Insureds (including, without limitation, the liability to pay premiums) shall be the sole obligation of the Named Insureds and not that of any Additional Insured named hereunder.

1.

Alexander Hamilton Life Insurance Company of America 2.

Beaver Valley Inc.

3.

Beaver Valley leasing Corporation 4.

Beaver Valley Two Omega, Inc.

5.

Beaver Valley Two Omega Limited Partnership 6.

Beaver Valley Two Pi, Inc.

7.

Beaver Valley Two Pi limited Partnership 8.

Beaver Valley Two Rho, Inc.

9.

Beaver Valley Two Rho Limited Partnership

10. Beaver Valley Two Sigma, Inc.

11. Beaver Valley Two Sigma Limited Partnership

12. Beaver Valley Two Tau, Inc.

13.

Beaver Valley Two Tau Limited Partnership 14.

BVPS Funding Corporation 15.

Chase Manhattan Realty Corporation

16. Chrysler Consortium Corporation

17. Citicorp ESSL 1, Inc.

18. Comerce Union Bank 19.

CTC Beaver Valley Funding Corporation

20. DQU Funding Corporation

21. HG Power Plant, Inc.

22.

Irving Trust Company, as Indenture Trustee

23. Mission Funding Alpha

24. Mission Funding Beta

25. Mission Funding Gamma 26.

Palo Verde leasing Corporation 27.

PARock Limited Partnership J

-,=

- 2'-

28. Perry One Alpha Limited Partnership 29.

Perry One Delta, Inc.

30. Perry One Delta Limi_ted Partnership 31.

Perry One Gansna, Inc.

32.

Perry One Gamma Limited Partnership 33.

Perry One, Inc.

34.

PNC Commercial Corp.

35.

Resources Capital Financing Corporation 36.- Security Pacific Leasing Corporation 37.

Sovran Leasing Corporation 38.

SPLS, Inc.

39.

The First National Bank of Boston, as Owner Trustee 40.

Trans Union Leasing Corporation B.

This Certificate is further amended as respects each of. the above Additional Insureds' interest under primary financial protection as of its respective effective date shown above:

1.

It is acknowledged that Duquesne Light Company and Ohio Edison Company and The Toledo Edison Company and The Cleveland Electric Illuminating Company has waived, as provided in Section 10 (a)

(2) (ii) of the Facility lease Agreement between the above Additional Insureds and Duquesne Light Company and Ohio Edison Company and The Toledo Edison Company and The Cleveland Electric Illuminating Company dated September 15, 1987, their right of recovery against the above Additional Insureds for loss te which this policy applies.

2.

If the Additional Insureds listed above have other valid and collectible insurance (other than primary financial protection or concurrent insurance) applicable to excess losses covered by this Master Policy, the insurance afforded by this Master Policy shall be primary insurance under such other insurance.

3.

If the companies cancel this policy, such cencellation shall be effective as to the above Additional Insureds by mailing or delivering written notice at least 30 days before the effective date of such cancellation to First National Bank of Boston,100 Federal Street, Bost.on, Massachusetts 02110.

. 4.

If the companies reduce the limit of the companies' liability indicated in Item 4 of the Declarations by 10% or more for a reason other than payment of losses and expenses, or the companies oliminate any coverage in effect at policy issuance or any anniversary date of this policy, the companies will mail or deliver written notice of such reduction or elimination to The First National Bank of Boston, 100 Federal Street, 00ston, Massachusetts 02110 at least 30 days before the effective date of such reduction or elimination.

THis IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL.

CERTIFICATE. BEARING THE P.'u'SER NFCMTED HEREON, FOR INSURANCE COVER AGE UNDea n i.'n s rtFy) 'i :CY-NUCLEAR ENERGY Ut9!Ui ' INSUR AfG 6 E^N' '

~ ' ///;L PROTECTIGN). NO INSUiw 'Eif, g,D~

15 J0'!N L s AT Ti'0CCHI Vict PRWEiT UAB:U TV UNDERWRtTiNG A.YENCM NUCLEAR INSURERS Ef fective Date of this Endorsement September 15, 1987 To form a part of Certificate No.

M-110 12:01 A.M. Standard Time Issusd to Duquesne Light Company, Ohio Edison Company and Pennsylvania Power Company Dato of Issue May 16, 1988 For the Subscribing Companies MUTUAL ATOMIC ENERCT LIABILITT UNDERWRITERS

• A

~

By Endorsement No.

3 Countersigned by