Common Contracts

3 similar Transaction Agreement contracts

El Paso Merchant Energy Holding Company
Transaction Agreement • January 3rd, 2021

Pursuant to that certain Transaction Agreement dated December __, 2000 between East Coast Power Holding Company L.L.C. (“ECPH”), ECTMI Trutta Holdings LP (“ECTMIT”) and Enron Corp. on the one hand and Mesquite Investors, L.L.C. (“Mesquite”) and El Paso Energy Corporation (“EPEC”) on the other hand (the “Transaction Agreement”), El Paso Merchant Energy Holding Company (“EPMEH”), a subsidiary of EPEC and the parent of El Paso Merchant Energy-Gas, L.P. (“EPME”), hereby agrees that if a Credit Event, as defined below, exists on the Settlement Date, as defined below, EPMEH will pay [ECTMIT/ECPH] or its assignee immediately, without notice or demand from [ECTMIT/ECPH], or its assignee, the applicable amount set forth on the attached Schedule I; provided, however, that no such payment shall exceed $1,000,000.00.

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El Paso Merchant Energy Holding Company
Transaction Agreement • October 22nd, 2020

Pursuant to that certain Transaction Agreement dated December __, 2000 between East Coast Power Holding Company L.L.C. (“ECPH”) Enron North America Corp. (“ENA”) and Enron Corp. on the one hand and Mesquite Investors, L.L.C. (“Mesquite”) and El Paso Energy Corporation (“EPEC”) on the other hand (the “Transaction Agreement”), El Paso Merchant Energy Holding Company (“EPMEH”), a subsidiary of EPEC and the parent of El Paso Merchant Energy-Gas, L.P. (“EPME”), hereby agrees that if a Credit Event, as defined below, exists on the Settlement Date, as defined below, EPMEH will pay [ENA/ECPH] or its assignee immediately, without notice or demand from [ENA/ECPH], or its assignee, the applicable amount set forth on the attached Schedule I; provided, however, that no such payment shall exceed $1,000,000.00.

El Paso Merchant Energy Holding Company
Transaction Agreement • October 19th, 2020

Pursuant to that certain Transaction Agreement dated December __, 2000 between East Coast Power Holding Company L.L.C. (“ECPH”) Enron North America Corp. (“ENA”)(“ECPH”), ECTMI Trutta Holdings LP (“ECTMIT”) and Enron Corp. on the one hand and Mesquite Investors, L.L.C. (“Mesquite”) and El Paso Energy Corporation (“EPEC”) on the other hand (the “Transaction Agreement”), El Paso Merchant Energy Holding Company (“EPMEH”), a subsidiary of EPEC and the parent of El Paso Merchant Energy-Gas, L.P. (“EPME”), hereby agrees that if a Credit Event, as defined below, exists on the Settlement Date, as defined below, EPMEH will pay [ENA/ECPH][ECTMIT/ECPH] or its assignee immediately, without notice or demand from [ENA/ECPH],[ECTMIT/ECPH], or its assignee, the applicable amount set forth on the attached Schedule I; provided, however, that no such payment shall exceed $1,000,000.00.

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