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Enron Mail |
The word is that giving the notice could put the equipment on the balance
sheet. If the Coral deal didn't close, the equipment would be tainted. Therefore, the giving of the notice needs to occur after we feel certain that the Coral transaction will close. The assignment and assumption agreement have been reviewed by Rob Taylor, and he thinks the agreement is fine. Kay Raimund Grube 12/04/2000 07:01 PM To: Kay Mann/Corp/Enron@Enron cc: Ben Jacoby/HOU/ECT@ECT, Rebecca Walker/NA/Enron@Enron Subject: Coral Energy Kay, I will be out of the office for the next two days (Tuesday and Wednesday). We are in the process of getting the DASH signed -- Rebecca Walker will be pursuing signatures tomorrow. The other outstanding issues are the Option Notice, the Assignment Agreement and an agreement with Coral. Have we received an update regarding the Option Notice from Rob Taylor? Rebecca needs to know when to send the wire transfer by 2:00 PM on the day before any funds need to be sent. In addition, we do need to give WLB at least two days notice of any wire transfer (formally 5 days, but Rose Engeldorff indicated that we should be OK with 2 days). If you have any questions, you may contact me at 713-516-5409 for the next two days. I will be back in the office on Thursday. Best regards, Raimund D. Grube
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