Enron Mail

From:sproctor@akllp.com
To:stuart.zisman@enron.com, joe.parks@enron.com
Subject:RE: DRAFT 2/27/02
Cc:chris.meyer@enron.com
Bcc:chris.meyer@enron.com
Date:Wed, 27 Feb 2002 10:52:44 -0800 (PST)

I will revise. I am working on the escrow agreement; please remember
that we still need at least one internal approval.

-----Original Message-----
From: Stuart.Zisman@enron.com [mailto:Stuart.Zisman@enron.com]
Sent: Wednesday, February 27, 2002 12:32 PM
To: Proctor, Shemin V.; Joe.Parks@enron.com
Cc: Chris.Meyer@enron.com
Subject: RE: DRAFT 2/27/02


My thoughts are as follows:

1) Generally looks good
2) What about Governing Law?
3) What about a provision that makes it clear that Buyer cannot offset
this payable against any other amounts that may be owed to Duke or its
affiliates
4) In the as-is section - my guess is that they will object to the
absence
of some title rep. I am ok to provide a special warranty as to title to
the gas but not other reps

Please revise accordingly ASAP and forward to Duke for their
consideration.
Shemin - Joe can provide you with an email address for the commercial
contact and my guess is that you have the necessary contact info for
Duke's
counsel.

Joe - do we know what bank we are going to use. Shemin - what about the
draft of escrow agreement?

-----Original Message-----
From: "Proctor, Shemin V." <sproctor@akllp.com<@ENRON
Sent: Wednesday, February 27, 2002 12:14 PM
To: Parks, Joe
Cc: Zisman, Stuart; Meyer, Chris
Subject: DRAFT 2/27/02

<<Redline_.rtf<<
Here is the revised draft. I spoke with the Duke attorney and he is
taking "let me see it and I'll let you know" approach so let me know
if
you have any additional changes and I will send it over to him.

Also, it is my understanding that we must now have a Weil Gotschal
bankruptcy attorney sign off on the deal
so I am trying to find out who that person is and what needs to be
done.
- Redline_.rtf << File: Redline_.rtf <<



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