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Enron Mail |
Kay:
Further to our call, attached please find a mark-up of the Escrow Agreement. As I mentioned, Marguerite believes that the parties should sign the Escrow Agreement without filling in the amount left blank in Section 1. Let me know what you think. Regards, Marisa -----Original Message----- From: Reuter, Marisa Sent: Tuesday, May 29, 2001 3:11 PM To: Keffer, John Subject: FW: Enron escrow Given the fact that Section 4(a) of the Letter Agreement requires NorSub to pay all fees associated with the Escrow Account and Section 4(b) requires NorSub to fund the Escrow Account, Kathleen Carnahan of ENA suggested revising Sections 1 and 6 of the Escrow Agreement, which make ENA and NorSub jointly responsible for the payment of these monies. Accordingly, I have marked up the Escrow Agreement, but Chris Booth wanted me to confirm with you whether you thought the changes were worth making. If so, I will forward the revised document to Chris so that he can get Citibank to signoff on the new draft. Also, do you have a moment to discuss the dollar amount that needs to be included in Section 1? Let me know, and I'll come up. MIR -----Original Message----- From: Booth, Chris [mailto:Chris.Booth@ENRON.com] Sent: Wednesday, May 23, 2001 3:11 PM To: Mann, Kay; Marisa Reuter (E-mail); John Keffer (E-mail); Michael Young (E-mail); margueritekahn@paulhastings.com Cc: Jacoby, Ben; Carnahan, Kathleen Subject: FW: Enron escrow Ladies and Gents, Please see attached comments to the escrow agreement from Citibank. Chris Booth Enron North America 1400 Smith Street, EB3147c Houston, Texas 77002 (713) 345-3364 - phone (713) 646-3037 - fax chris.booth@enron.com < -----Original Message----- < From: "Lawrence, Estelle A" < <estelle.a.lawrence@citi.com<@ENRON < [mailto:IMCEANOTES-+22Lawrence+2C+20Estelle+20A+22+20+3Cestelle+2Ea+2E < lawrence+40citi+2Ecom+3E+40ENRON@ENRON.com] < Sent: Wednesday, May 23, 2001 2:37 PM < To: Booth, Chris < Subject: Enron escrow < < Chris, < < I am the account manager for the Enron relationship. I understand you < would < like to establish an escrow in pretty short order. < < Attached are Citibank's comments to the escrow agreement. In order to < complete this transaction, Escrow also needs to receive the following < documents: < < 1) completed incumbency by all parties to the agmt; < 2) Form W-9 for NorthWestern only; and < 3) signed fee schedule. < < Once I receive an execution copy of the agreement, I will provide you < with < Citibank's wire instructions. You have the option of including our < fees < with the initial deposit or wiring our fees directly to our billing < department. Please let me know which you prefer so that I may < coordinate on < our end. < < I look forward to working with you and trust that you will feel free < to < contact me should you have any questions or comments. < < Estelle Lawrence < Citibank Agency & Trust < 111 Wall Street, 14/3 < New York, NY 10005 < T: 212.657.2076 < F: 212.657.3862 < <<citi comments.doc<< < < - citi comments.doc <<citi comments.doc<< Confidentiality Notice This message is being sent by or on behalf of a lawyer. It is intended exclusively for the individual or entity to which it is addressed. This communication may contain information that is proprietary, privileged or confidential or otherwise legally exempt from disclosure. If you are not the named addressee, you are not authorized to read, print, retain, copy or disseminate this message or any part of it. If you have received this message in error, please notify the sender immediately by e-mail and delete all copies of the message. - citi comments.doc
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