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Enron Mail |
Based on the current draft of the O&M agreement, we do have the ability to
(i) terminate each agreement for a one time fee of $200,000, or (ii) suspend all or a portion of the O&M services for a period of time and the parties would then meet to determine a mutually agreeable adjustment to the then current Operating Fee. Let me know if you have any questions. ----- Forwarded by Gerald Nemec/HOU/ECT on 01/18/2001 10:26 AM ----- Steve Van Hooser 01/18/2001 09:00 AM To: Gerald Nemec cc: Subject: Alamac Steam Agreement Could you please answer Question #2 for RAC's Chip Schneider. Let me know once you have talked to him. Thanks, Steve ----- Forwarded by Steve Van Hooser/HOU/ECT on 01/18/2001 09:00 AM ----- Chip Schneider@ENRON 01/18/2001 08:21 AM To: Steve Van Hooser/HOU/ECT@ECT, Glenn Wright/Corp/Enron@ENRON, Dwight Beach/HOU/ECT@ECT cc: Subject: Alamac Steam Agreement In considering the worst case scenario... The Force Majeure provision seems reasonably broad in the Steam Purchase Agreement. Would we be able to rely on this at some point to suspend our steam supply to AKF in the event, for unforseen reasons, we could not obtain an Interconnection Agreement or transmission capacity to transport power from Elizabethtown and Lumberton? Also, if it were determined that we could not sell power from the sites, can we terminate or downsize the scope of the O&M Agreement? Regards,
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