50 of the Top 250 law firms use our Products every day
Confidential
treatment has been requested for the redacted portions. The
confidential redacted portions have been filed separately with the
Securities and Exchange Commission.
Tennessee
Valley Authority, 400 West Summit Hill Drive, Knoxville, Tennessee
37902-1401
|
|
|
|
|
|
|
|
|
June 2,
2008
|
|
TV-05356W, Supp.
No. 5
|
Mr. Dave
O’Keefe, Director
United States Enrichment Corporation
6903 Rockledge Drive
Bethesda, Maryland 20817-1818
United States
Enrichment Corporation (Company) agreed under Power Contract
TV-05356W, Supplement 4, dated June 1, 2007 (Supplement 4), to
provide Tennessee Valley Authority (TVA) a Letter of Credit
and Weekly Prepayments as Performance Assurance . This
letter is to confirm the arrangements agreed upon between
representatives of TVA and Company to amend Supplement
4.
It is
understood and agreed that as of June 1, 2008, Letter of
Credit and Weekly Prepayments sections on page 3 of the Supplement
4 shall be replaced with the following:
|
|
1.
|
|
Letter of Credit
. Company shall continue
to provide TVA an Irrevocable Letter of Credit, in a form
acceptable to TVA, in the amount of:
|
|
|
a)
|
|
$***** for the Billing Months of
June through August,
|
|
|
|
|
|
|
|
b)
|
|
$***** for the Billing Months of
September and May, and
|
|
|
|
|
|
|
|
c)
|
|
$***** for the Billing Months of
October through April.
|
|
|
|
|
Company shall at all times keep such
Letter of Credit in full force and effect. The Letter of Credit may
be utilized by TVA to cover any obligations for which the Power
Contract provides and for whic
|
|
