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Enron Mail |
Gerald,
In reviewing the changes I need to see what the "Firm Schedules" are. This looks like it is new and is apparently part of the Firm gathering agreements. Also, would it be possible to get a red-line version of the documents that compares these latest changes with the originally executed documents as I think some of the interim changes have been absorbed already. Give me a call if you need any clarification. 713-624-9003. ---------- Original Text ---------- From: "Gerald Nemec" <Gerald.Nemec@enron.com<, on 6/22/00 3:36 PM: Attached are the latest revised redlined documents for Lost Creek. Please note the following: 1. The changes include those that Chris and I discussed in Denver. The Capacity Allocation Agreement is redlined against the version BR had reviewed earlier. All other docs. are redlined against the originals. 2. Due to the Credit Agreement structure, portions of the Natural Gas Fuel Liquidation concept were placed into the Administrative Services Agreement. This was done in order to allow that portion of the Natural Gas Fuel value which covers the Power Bill to be included in the Debt Service Coverage Ratio calcs in the Credit Agreement. The remainder of the Natural Gas Fuel will be distributed under the Capacity Allocation Agreement to avoid the inclusive of these excess amounts in any distribution tests under the Credit Agreement. 3. Since more significant changes were made to the Admin. Services Agreement, it is now being amended and restated. Dean, have you resolved the accounting questions you raised this past Monday? (See attached file: Amended and Restated Admin(RED).doc)(See attached file: AMENDED AND RESTATED CAPALLEXP AGREEMENT4RED.DOC)(See attached file: Amended and Restated LLC Agreement1(RED).doc)
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