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Enron Mail |
I am confused by this. Does this mean Cuiaba in South America would be
covered? What is the significance if it is? Mark Rob Walls/ENRON@enronXgate 03/02/2001 04:21 PM To: Mark E Haedicke/HOU/ECT@ECT cc: Subject: FW: EGPP Purchase Right Agreement Mark - Per my voice mail. Give me a call at your convenience. Thanks. Rob -----Original Message----- From: Higgason, Kelly Sent: Monday, February 26, 2001 3:17 PM To: Walls, Rob Subject: EGPP Purchase Right Agreement Rob: As we discussed, the Purchase Right Agreement terminates on January 1, 2005. Therefore, if an Eligible Project commences Commercial Operations before January 1, 2005 (or if before January 1, 2005, an Enron Party acquires an Ownership Interest in an Eligible Project that has commenced Commercial Operations) and Limited Recourse Financial Closing has occurred with respect to such Eligible Project, then the Enron Party must offer to sell to EGPP the Ownership Interest of such Enron Party in such Eligible Project in accordance with the Purchase Right Agreement. An Eligible Project is any Designated Development Project or Future Project in which an Enron Party holds or aquires an Ownership Interest. A Future Project is any Power Plant or Natural Gas Pipeline (other than the Designated Development Projects) that is located within the Territory and on which construction has commenced or has been completed, provided that pipelines primarily designed to transport liquefied natural gas or natural gas liquids are excluded from Future Projects. The Territory is all geographic areas of the World, excluding areas within the boundaries of the United States, Canada and Western Europe. Please let me know if you need further explanation. Thanks. Kelly
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