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Enron Mail |
Ben,
Unit 1 Guaranteed Delivery Dates: (Exhibit B-2 Schedule I) Turbine and Generator 11 March 2001 Remaining Major Components 31 March 2001 Delivery Liquidated Damages (Section 10.3) Major Component $14,500/day (Exhibit B-6) Calculation of Delivery Liquidated Damages: As of May 1, 2001, the air filter housing (defined as a Major Component) for Unit 1 has not yet been delivered, hence the Delivery Liquidated Damage clock has been running for 31 days. (31 days) x ($14,500/day) = $449,500.00 towards a cap of 10% of the Purchase Amount (10% of $39,103,201 = $3,910,320)
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