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Enron Mail |
Sounds good to me, although we are likely to find different purchasers want
other stuff as well. Kinda like on the turbine stuff - each counterparty has wanted something different. ckm From: Carlos Sole on 04/24/2001 11:18 AM To: Kay Mann/Corp/Enron@Enron cc: Subject: Re: Land Options - Estoppel language A letter whereby a party agrees that in the event of a change of control of its counterparty, it will not use such change of control event as a basis for challenging the enforceability of the agreement that it has with the counterparty. At least in our context this is what Fred means by estoppel letter. He has a very good point that we should incorporate this concept into our further assurances clause in our option agreements. Carlos Sole' Senior Counsel Enron North America Corp. 1400 Smith Street Houston, Texas 77002-7361 (713) 345-8191 (phone) 713 646-3393 (fax)
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