John, Attached is the Transco guaranty with further revisions. The following items of note were revised. 1. Transco added language stating that this is a performance guaranty. Enron will only provide a payment guaranty. Enron does not have the means to ensure performance by the LLC. Thus the language needs to clearly identify that this is a payment guaranty. As long as Transco gets paid for the transport, I am not sure why this matters. 2. Transco would be able to collect interest for late payments under their tariff. Putting late payment interest in the guaranty would give Transco the ability to recover double interest on late payments. Thus, the interest language in the guaranty was removed. Please review the revised guaranty. I would be happy to discuss these issues with Transco's attorney's at their convenience. Let me know if you have any questions. Thanks.
Answer: Transco Guaranty
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Answer: eSource Presents Free Lexis-Nexis Basic Training for Employees outside of Houston
We are selling to Ponderosa on a pre-pay basis only approved by Credit. Here is the latest on the prepay: 2/1 25,000 MMBtu @ $2.55 2/2 15,000 MMBtu @ $2.48 2/3 15,000 MMBtu @ $2.48 2/4 15,000 MMBtu @ $2.48 Total due $111,600 Amt already PP 63,750 Amount due $ 47,850 Ponderosa stated that they will wire ASAP Let me know if I can do anything to help. Thanks
Answer: Ponderosa Prepay for 2/1-4/02
Here is the Eta Amendment that we sent to Randy Osteen. He has a correction that he wants to make and siad that he would be calling you. Carol
Answer:
ETA Amendment