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Enron Mail |
-----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 ECN2858f 713.345-8763 adam.pollock@enron.com
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