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Enron Mail |
Internal approval schedules at both Enron and El Paso dictate a delay in
signing until Tuesday morning 5-Dec. Attached are the latest drafts of all of the significant documents regarding the transaction. There are two minor commercial issues - one regarding the final arithmetic for the deferred payment schedule and the other in regard to the Merlin SubNote participation. There are some final tweaks to come to the numbers and language in the tax sections of the Transaction and LLC Agreements. Most other changes are anticipated to be minimal from this point forward. I will be out tomorrow, but will be checking voice mail. Please leave me a voice mail or call Lisa Mellencamp with any final issues you may have. Thank you for your prompt attention to these matters.
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