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Enron Mail |
Laurie:
I am no longer in the swaps group. Mary Cook or sara Shackleton will contact you with the lawyer in charge of this file. Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com "Laurie Orchard" <lorchard@commrisk.bm< 05/11/01 02:56 PM Please respond to lorchard To: <Carol.St.Clair@enron.com< cc: <Samantha.Boyd@enron.com< Subject: Draft of ISDA Schedule and Enron Guaranty Carol, I've just returned to the office after 6 months away, and have discovered that we have not finalized the ISDA documents with Enron, nor the Guaranty. Attached is the file which you emailed to us last year - I'm not sure if there is a more updated version, so perhaps you can confirm. Also, please forward to me Enron's most recent version of Paragraph 13 to the Credit Support Annex, as we have not reviewed that document. On review of the attached file received from you on January 9, 2001, I provide the following comments: Part 3 - delivery of documents, the part requesting Commercial Risks (Party B4s) annual financial statements looks like it needs some clarification. It appears that Enron wants to receive quarterly financials, however we only publish annual statements as a privately held company. Part 5 - Representations - line of business should be removed for Party B. The Guaranty language looks fine with the amendments, so I would suggest that be issued and we can check it off our "to do" lists. When we have signed the ISDA Master Agreement and supporting Documents, I will have our General Counsel submit all of the documentation to our Legal Counsel for issuance of the Legal Opinion. I do not foresee any problems in having this issued in a timely fashion. When the minor amendments referenced above have been made, please forward a final, clean draft of the documents to my attention so we can do a final review and issue the documents for signatures. I look forward to hearing from you soon. With kind regards, Laurie Orchard Commercial Risk Capital Markets - ATT00049.txt - 101CTR-BRED.DOC
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