Enron Mail

From:carol.clair@enron.com
To:paul.radous@enron.com
Subject:AIG ISDA's
Cc:caroline.abramo@enron.com, sara.shackleton@enron.com, brent.hendry@enron.com
Bcc:caroline.abramo@enron.com, sara.shackleton@enron.com, brent.hendry@enron.com
Date:Thu, 19 Apr 2001 09:05:00 -0700 (PDT)

Paul:
Please confirm that the credit terms for the AIG ISDA drafts are the same as
the credit terms that we used in the Deemed ISDA.



-same independent amount language
-no collateral thresholds
-same cross default thresholds
-existing Enron Guaranty will remain in place
-same Additional Termination Events for AIG with no cure; no additional
termination events for ENA

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com