Enron Mail

From:paul.radous@enron.com
To:sara.shackleton@enron.com
Subject:Net Asset Value
Cc:
Bcc:
Date:Wed, 25 Apr 2001 09:14:00 -0700 (PDT)

"Net Asset Value" means as of the relevant time of determination, an amount
(expressed in United States Dollars) equal to the sum of Party B's Assets
minus Liabilities. "Assets" means all assets and "Liabilities" means all
liabilities, as would generally be classified as such in accordance with
generally accepted accounting principles.