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Enron Mail |
1. Rick, are you the person to prepare the schedule?
2. It is not readily apparent to me that we necessarily should feel under any obligation to"show cause" that we are not in default , although a civil non-inflammatory reequest to discuss the issue would probably have been well received..it seems to me that if we grovel now in a defensive and reactive manner it keeps them with the initiative (Q. Do we really think they are prepared to throw the dice and declare the default?) 3. How much was paid for the interests is none of their #$@%& business. 4. What Limited Waiver Agreement? Did I get a copy? I can't find it in my email. ----- Forwarded by Dan Lyons/HOU/ECT on 10/23/2000 06:18 PM ----- "sdtick" <sdtick@email.msn.com< 10/23/2000 05:38 PM To: <carl.tricoli@enron.com<, <dan.lyons@enron.com< cc: <tmoore@llgm.com<, <Garrick.Hill@enron.com< Subject: Brazos' October 20 letter As agreed, I spoke with Clifton. He explained his letter to me. I told him that I was under the impression that the issue over the transfer documents was resolved in favor of a schedule. He said that he was not aware of that. When I asked him point blank whether Brazos was declaring a default, he referred me to Pat Long. ? I just got off the phone with Pat. I asked Pat if the letter was a "default letter" or?a letter in the nature of "an order to show cause why Brazos should not declare Tenaska in default".? He answered that it was the latter. I also asked him if my recollection of how the transfer document issue has been resolved was correct and he confirmed that it was. Hence, you only need to produce a schedule showing who owns Tenaska and its partners and what options exist to acquire ownership or additional ownership interests in Tenaska and its partners. As Dan thought that Rick would be the one to prepare the schedule, he asked me to send a copy of this email to Rick. ? For your information, they would like to know how much the new players paid for the interests in Tenaska. ? Pat also said that?the Limited Waiver Agreement that I sent out this morning was fine with him but that Phil had two minor changes that I would receive tomorrow. Hence, please respond to that document tomorrow so we can get that out of the way. ? Finally, as some of you know, tomorrow I will be sending out a draft of what I hope will become an agreed upon statement of the issues that need to be resolved in order to properly analyze the damage issue. I would appreciate a rapid turn-around on that document. ? While I am in Houston, I would like to meet with Carl and Rick. If you two are available, we could meet for diner on the night on the 9th. The purpose of the meeting is to make sure that I understand the options available to Brazos. ? ? ? ?
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