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Enron Mail |
FYI
---------------------- Forwarded by Rob G Gay/NA/Enron on 12/18/2000 04:38 PM --------------------------- "Mervenne, Mary" <MMERV@opic.gov< on 12/18/2000 08:31:19 AM To: "'Rob.G.Gay@enron.com'" <Rob.G.Gay@enron.com< cc: Subject: RE: ECA provisions Rob Nancy informed me that you were not happy because certain provisions/deals discussed on the business side were not accurately reflected in the finance agreements, which is creating additional legal expenses. I assume you are referring to a recent draft of the ECA in which the fall away provisions that we discussed were not accurately reflected in the agreement. This is my fault - in the interest of trying to expedite getting the draft to the sponsors, I authorized Melissa to send the draft out without reviewing the provisions first. Normally, KfW and OPIC review the agreements before sending to you and our lawyers make the required changes before you see the agreement. I will no longer authorize her to send anything to the sponsors before KfW and OPIC review the contents in full. Hopefully - this will help prevent this situation from occuring in the future. Sorry for the inconvenience this caused the sponsors. Mary
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