|
|
Enron Mail |
Isabel,
I'm waiting on Delta to give me language concerning a performance guarantee adjustment for site conditions before turning the execution version. The GE parent guaranty and LOC are in the all the earlier versions I sent, and remain unchanged. Please let me know if you don't have the earlier versions. Kay "PARKER, Isabel" <isabel.parker@freshfields.com< on 04/18/2001 06:07:33 PM To: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com< cc: "O'BRIEN, Lisa" <lisa.obrien@freshfields.com< Subject: RE: Revised language relating to payment This e-mail is confidential and may well also be legally privileged. If you have received it in error, you are on notice of its status. Please notify us immediately by reply e-mail and then delete this message from your system. Please do not copy it or use it for any purposes, or disclose its contents to any other person: to do so could be a breach of confidence. Thank you for your co-operation. Please contact our IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email ITHelp@freshfields.com if you need assistance. Kay Do you know when we might receive a revised Turbine Contract? The lenders would like to review the GE parent guarantee. Thank you Isabel -----Original Message----- From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com] Sent: Wednesday, April 18, 2001 11:11 AM To: rvicens@deltapower.com; gregorylang@paulhastings.com; iparker@freshfields.com Cc: Stephen.Thome@enron.com; Jake.Thomas@enron.com; ccampbell@kslaw.com; jkeffer@kslaw.com Subject: Revised language relating to payment The following language/numbers are acceptable to GE: 6.1.2 Payment Schedule. |-----------------+-----------------| | Payment Date | Payment Amount | |-----------------+-----------------| | April 30, 2001 |$50,234,000 | |-----------------+-----------------| | | | |-----------------+-----------------| | | | |-----------------+-----------------| | TOTAL| $50,234,000 | |-----------------+-----------------| Such April 30th payment shall constitute full and final payment for the Units, except that Purchaser shall be responsible for the payment of any and all amounts associated with any Change Order after the Effective Date. The final payment is also subject to Section 6.1.3. The form of the letter of credit is included as an exhibit to the turbine contract (exhibit D) and the form of GE parent guarantee is attached as Exhibit C-1. Kay
|