Here's my stab at it: I'll be in an off site the rest of the day. I have no pride of authorship. I'm unclear which entity will be signing the agreements, so I've left some []'s.
Answer: ABB override
DEAR KEN , I JUST WANT TO WRITE YOU A SHORT NOTE TO EXPRESS HOW SORRY I AM FOR THE PAIN AND ORDEAL YOU HAVE BEEN SUBJECTED TO THESE PAST FEW WEEKS. NO MAN WHO HAS DONE SO MUCH FOR SO MANY SHOULD HAVE TO FACE DAY AFTER DAY WHAT YOU MUST BE GOING THROUGH . YOU ARE A GIANT AND A HERO IN MY EYES AND WILL ALWAYS REMAIN SO. MY DAUGHTERS , SISTER , AND I ARE PROUD TO HAVE BEEN ASSOCIATED WITH YOU AND LINDA AND TO CALL YOU OUR FRIENDS AND FAMILY. HOPE TO SEE THE BOTH OF YOU SOON..................DON PATE
Answer: (no subject)
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?
Answer: PEAK 2001A RFP
Clement, Attached is a form of Enron Guaranty which has been marked up by the counterparty. The guaranty would back to LLC which are owned by ENA to develop power plants. The guaranty backs a Precedent Agreement and a long term firm transport agreement. Please review the comments and let me know what you think.
Answer:
Enron Guaranty