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Enron Mail |
Please look at the MAC and let me know if you have any changes. "Material Adverse Change" means (i) with respect to Company, Enron Corp. shall have long-term debt unsupported by third party credit enhancement that is rated by Standard & Poor's Corporation below BBB- or (ii) with respect to Customer shall have any of the following occurring at any time (a) its Net Worth falls below $15,000,000 or (b) that ratio of its EBITDA to Interest Expense is less than 3 times Interest, or © its current ratio is less than 1.3. Thanks Debra Perlingiere Enron North America Legal 1400 Smith Street, EB 3885 Houston, Texas 77002 dperlin@enron 713-853-7658 713-646-3490 Fax
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