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Enron Mail |
In connection with the ISDA negotiations, PG&E is insisting on revising our
"Limitation of Liability" language" "...PROVIDED, HOWEVER,THAT NOTHING IN THIS PROVISION SHALL AFFECT THE ENFORCEABILITY OF SECTION 6(e) OF THIS AGREEMENT with respect to incidental damages." PG&E claims that it will never be responsible for consequential damages and that certain elements of "Loss" comprise consequential damages (PG&E always agrees to "Market Quotation"). Have you ever prepared a list of the "Loss" components? Can you assess before I go to Haedicke (or is this a non-starter)? Thanks. Sara
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