Here is an email: Mary, I see that Phil Bair from JWorthan has responded to Phil DeMoes concerning the bond term. No comments were made concerning the legal opinion for the legal counsel for the bond provider. I was going to suggest that the contract language be modified to provide that the Company had a reasonable amount of time at the end of the lst 5 yr bond term to provide a substitute bond for the remaining term and that if the Company was able to get a replacement bond in place before the expiration of such period, no default would occur. Can you tell from the letter that Phil Bair is proposing if their are any other issues that either ENRON or the Bond Provider would have concerning the terms of the Bond and the Customer's methods of getting funding thereunder. ****************************************************************************** ****************************************************************************** ****************************************************************************** ********************************************** This was forwarded to me by Phil DeMoes. Dan, Take a look at this letter prepared by our surety provider on the PEAK pre-pay. In particular, note the last paragraph. I'm concerned on the unwind if there is a default. We plan to meet tomorrow with Joe Deffner and Breese tomorrow morning. Are you available?
What is a potential subject line for this email?
PEAK 2001A RFP