fw : im 1 & 2 dash - - - - - original message - - - - -
from : mitchell , david
sent : wednesday , september 19 , 2001 5 : 57 pm
to : deffner , joseph
subject : fw : im 1 & 2 dash
joe ,
the following is the language from the dash which ben signed . . . " acceptable to rac "
? a $ 100 million guaranty by enron corporate of epmi ' s obligations under the ppa has been put in place . as a condition to closing the financing for the project , the lender ( clarica life ) has required a mac provision stating that in the event that enron ' s credit rating falls below investment grade , enron is required to provide alternative means , acceptable to rac , to cover its guaranty obligation .
- - - - - original message - - - - -
from : pollock , adam
sent : wednesday , september 19 , 2001 5 : 51 pm
to : mitchell , david
subject : im 1 & 2 dash
here ' s the dash . . let me know if you need anything else .
ap
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
adam pollock
rac - underwriting
ecn 2858 f
713 . 345 - 8763
adam . pollock @ enron . com
fw : im 1 & 2 dash
- - - - - original message - - - - -
from : mitchell , david
sent : wednesday , september 19 , 2001 5 : 57 pm
to : deffner , joseph
subject : fw : im 1 & 2 dash
joe ,
the following is the language from the dash which ben signed . . . " acceptable to rac "
? a $ 100 million guaranty by enron corporate of epmi ' s obligations under the ppa has been put in place . as a condition to closing the financing for the project , the lender ( clarica life ) has required a mac provision stating that in the event that enron ' s credit rating falls below investment grade , enron is required to provide alternative means , acceptable to rac , to cover its guaranty obligation .
- - - - - original message - - - - -
from : pollock , adam
sent : wednesday , september 19 , 2001 5 : 51 pm
to : mitchell , david
subject : im 1 & 2 dash
here ' s the dash . . let me know if you need anything else .
ap
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
adam pollock
rac - underwriting
ecn 2858 f
713 . 345 - 8763
adam . pollock @ enron . com