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Enron Mail |
The only things I can think of needed to close each of the Facility
Agreements are: 1. side letter, which should have a release of ENA and West LB under the original agreement, an acknowledgement and agreement that Purchaser constitutes a permitted assignee under Section 22.2 of the West LB Agreement, and an acknowledgement and agreement that the GE/Purchaser Agreement constitutes a Facility Agreement under the West LB Agreement. The side letter might also set forth any ENA takeover rights in the event of a Purchaser default. 2. spare parts need to be dealt with 3. the Site specific language needs to be provided for each Facility Agreement (as identified in our prior memo) 4. the other blanks in the individual Facility Agreements need to be filled in 5. the technical/business team needs to review the exhibits for each Facility Agreement
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