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Enron Mail |
To be added at the end of our insert regarding Transfers:
Party B may transfer its rights and obligations under this Agreement, in whole but not in part, to any Affiliate provided that no such assignment shall relieve Party B of its obligations hereunder and Party B shall be continue to be responsible for such Affiliate's obligations hereunder unless Party A approves of such Affiliate in writing, which approval may be withheld by Party A at Party A's sole discretion. Let me know what you think. Also, we may want to think about adding a provision to our form that states that ENA would be released of any obligations under the ISDA in the event it assigns the ISDA to an Affiliate so long as the Enron Corp. Guaranty stays in place. Jason
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