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Enron Mail |
Let's all talk about this tomorrow at the 9:30 AM meeting. Thanks.
Ben Enron Global Finance From: Catherine Clark 11/30/2000 06:42 PM To: Raimund Grube/Corp/Enron@ENRON cc: Ben Jacoby/HOU/ECT@ECT Subject: sample purchase option document To pull equipment out of West LB 3 things need to get done: 1. A Notice needs to be sent to West LB letting them know when you intend to exercise your purchase option, and on what equipment (5 days before you exercise). 2. A Purchase Option Assignment and Assumption Agreement needs to be signed by Mike Miller or Janet Dietrich and a West LB executive. 3. A wire needs to be sent to West LB paying them for the equipment The Notice is just a letter informing them of the DATE on which you intend to exercise your purchase option and the DESCRIPTION of the equipment. I'm attaching Austin's Notice. I'm also attaching the Purchase Option Assignment and Assumption Agreement we used for Austin. I filled in schedule 1 with the unallocated equipment details (please double-check the info). The document needs to be circulated among ENA legal, Finance legal, Rob Taylor (our outside counsel), and Tim Oxley (West LB's counsel). Let me know when you want to proceed and I'll send it out to everyone for initial comments. Call me with any questions. -Catherine x3-9943
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