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Enron Mail |
Kay:
Can you get executed documents back to me on Tuesday? Greg has requested that we send the original membership certificate representing the 80% interest to the collateral agent Tuesday night by overnight delivery to hold in escrow until closing, in order that the collateral agent is in possession of the certificate (for purposes of legal opinions) upon closing on Wednesday. Greg is planning to fax signature pages of all of their closing documents later today. (I will be out of the office at a meeting with another client most of the afternoon today). There is one last question with GE dealing with the letter of credit for the retention amount, as this affects our disbursement instruction letter. I advised Greg that GE's normal practice was to send the retention L/C after receipt of payment. He is considering this, but may want to talk to GE about the ability to present the L/C at closing. Do you have any thoughts on this? Carolyn M. Campbell King & Spalding 713-276-7307 (phone) 713-751-3280 (fax) ccampbell@kslaw.com <mailto:ccampbell@kslaw.com< Confidentiality Notice This message is being sent by or on behalf of a lawyer. It is intended exclusively for the individual or entity to which it is addressed. This communication may contain information that is proprietary, privileged or confidential or otherwise legally exempt from disclosure. If you are not the named addressee, you are not authorized to read, print, retain, copy or disseminate this message or any part of it. If you have received this message in error, please notify the sender immediately by e-mail and delete all copies of the message.
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