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Enron Mail |
Dear Sara:
Attached are our proposed revisions to your revised annex I, which should appear in blue text. ASSIGNABILITY: We understand Enron's desire to have flexibility to assign obligations between affiliates, but cannot give consent to such assignment in advance, without considering all of the facts and circumstances of a particular assignment proposal. As an accommodation and clarification, we propose restoring the parenthetical. As we discussed earlier, we cannot agree to a listing of reasons why withholding of consent would not be considered unreasonable. LIMITED LIABILITY: We wish to ensure that paragraph 11(g) remains in full effect. I hope these revisions are acceptable. Please call me and we can coordinate the preparation of execution documents. Thanks, and best regards. Andy Waskow <<EnronAnnex1.doc<< Andrew V. Waskow Vice President and Counsel Merrill Lynch & Co., Inc. 4 World Financial Center, Floor 12 New York, NY 10080 Phone: 212-449-5828 Fax: 212-449-0265 awaskow@exchange.ml.com - EnronAnnex1.doc
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