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Enron Mail |
I'm OK with the language, but I want to make sure everyone is OK on the
concept. When we left this (unless there have been subsequent conversations with ECS that I wasn't a part of) we rejected Courtney's proposal to reduce our up front payment by $500,000. He was to come back and propose a monthly quantity of gas to be paid over the term of the contract that would equate to the $500,000, but I don't recall that we agreed to it. Did we intend to leave the issue open for more horsetrading on the amount of a haircut ECS should take or were we content to cover ECS at 100 cents on the dollar? I am advised that the Btu number in the letter would allow ECS to get the full $500,000 of up front value. Rod and Steve--this one is up to you and I think its totally a question of whether we want to argue for some more $$ because I can't think of any other open issue with ECS on this or any other deals that we might be able to trade. DF ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 05/11/2000 05:46 PM --------------------------- From: Susan Scott 05/11/2000 03:37 PM To: David Foti/ET&S/Enron@ENRON, James Centilli/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON cc: Drew Fossum@ENRON Subject: Supplement to Gas Letter Please take a look at this and let me know whether it accurately reflects what you discussed with ECS. I'm reviewing it now and will let you know my comments soon. They want to sign this up tomorrow. ---------------------- Forwarded by Susan Scott/ET&S/Enron on 05/11/2000 03:34 PM --------------------------- Gerald Nemec@ECT 05/11/2000 03:35 PM To: Susan Scott/ET&S/Enron@ENRON cc: Mark Knippa/HOU/ECT@ECT Subject: Supplement to Gas Letter Susan, Attached is the supplement to the gas letter which increases the amount of gas TW delivers to the LLC. Please review and let me know.
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