Message-ID: <20138887.1075862273919.JavaMail.evans@thyme>
Date: Mon, 29 Oct 2001 05:32:53 -0800 (PST)
From: rod.hayslett@enron.com
To: james.saunders@enron.com
Subject: RE:
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Hayslett, Rod </O=ENRON/OU=NA/CN=RECIPIENTS/CN=RHAYSLE>
X-To: Saunders, James </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Jsaunde>
X-cc: 
X-bcc: 
X-Folder: \RHAYSLE (Non-Privileged)\Hayslett, Rod\Sent Items
X-Origin: Hayslett-R
X-FileName: RHAYSLE (Non-Privileged).pst

In the covenants of the debt agreements.     If it's not a test in the lenders package, then it is not in the deal.

 -----Original Message-----
From: 	Saunders, James  
Sent:	Monday, October 29, 2001 7:20 AM
To:	Hayslett, Rod
Subject:	RE: 

Is there a definition of Consolidated Minimumu Tangible Net Worth to work from?

 -----Original Message-----
From: 	Hayslett, Rod  
Sent:	Monday, October 29, 2001 6:53 AM
To:	Saunders, James
Subject:	FW: 

These would be in the debt tests performed for the lenders.    Do you know the answers?

 -----Original Message-----
From: 	Mitchell, David  
Sent:	Saturday, October 27, 2001 1:36 PM
To:	Hayslett, Rod
Subject:	FW: 

Rod - do you know the answer to the question below?

 -----Original Message-----
From: 	Mitchell, David  
Sent:	Saturday, October 27, 2001 12:43 PM
To:	Fossum, Drew
Cc:	Howard, Kevin A.
Subject:	

Drew,

Can you confirm that Transwestern has a Consolidated Minimum Tangible Net Worth of $250 million and that Northern Natural does not have a Minimum TNW covenant?

Thanks,

David