monterrey closing this email is intended to serve as an update to the closing schedule for the sale to tractebel of an 80 % interest in enron ' s monterrey project .
the closing schedule is as follows :
wednesday , october 17 , 2001 - preclosing ( getting all the documents required for closing in order ) .
thursday , october 18 , 2001 - finalize preclosing
friday , october 19 , 2001 - money changes hands , and we transfer 80 % of our interest to tractebel .
as such , unless otherwise notified , please assume that as of friday , october 17 , our ownership in the monterrey project will drop to 20 % . there will be a transition period with tractebel following closing . if you are unsure how this sale will impact your daily routine as it relates to this project , please contact either steve irvin or me .
important reminder
we last met on september 21 , 2001 to go through the reps , warranties and covenants ( and related schedules ) that enron is providing at closing . if anyone is aware of any update or change that should be made to those schedules such that all our reps , warranties and covenants are all still true and correct in all material respects , please let me know immediately . a copy of the reps , key covenants , and schedules is provided below . please review and let me know of any changes today .
thanks again for everyone ' s help over the past five months as we have pushed this transaction towards closure . it has truly been a team effort .
monterrey closing
this email is intended to serve as an update to the closing schedule for the sale to tractebel of an 80 % interest in enron ' s monterrey project .
the closing schedule is as follows :
wednesday , october 17 , 2001 - preclosing ( getting all the documents required for closing in order ) .
thursday , october 18 , 2001 - finalize preclosing
friday , october 19 , 2001 - money changes hands , and we transfer 80 % of our interest to tractebel .
as such , unless otherwise notified , please assume that as of friday , october 17 , our ownership in the monterrey project will drop to 20 % . there will be a transition period with tractebel following closing . if you are unsure how this sale will impact your daily routine as it relates to this project , please contact either steve irvin or me .
important reminder
we last met on september 21 , 2001 to go through the reps , warranties and covenants ( and related schedules ) that enron is providing at closing . if anyone is aware of any update or change that should be made to those schedules such that all our reps , warranties and covenants are all still true and correct in all material respects , please let me know immediately . a copy of the reps , key covenants , and schedules is provided below . please review and let me know of any changes today .
thanks again for everyone ' s help over the past five months as we have pushed this transaction towards closure . it has truly been a team effort .