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Enron Mail |
It depends on the sophistication of the counterparty. I think Tembec is
fairly sophisticated based on the resolutions from them I have already seen. For a counterparty that isn't, we have sample board resolutions we can send them, or we even prepare them for some counterparties because sometimes they can't even figure out how to fill in the blanks. Chris Gaffney 05/17/2001 07:39 AM To: Tana Jones/HOU/ECT@ECT cc: Jan Wilson/TOR/ECT@ECT, Randy Otto/CAL/ECT@ECT Subject: Tembec Tana - thank you for your messages. I will advise Jan and Randy that in order for Tembec to do gas transactions under this ISDA, they weill need to provide us with a board resolution authorizing the same. Do counterparties' typically prepare their own resolutions or do we provide them with a precedent? Thanks CJG
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