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Enron Mail |
Akasha:
I would reword the first sentence as follows: In response to your e-mail dated March 21st and based on all of the information that we have received from you thus far which essentially has only demonstrated that the debt of our Reference Entity's affiliates has been repudiated, we still lack proof of the repudiation by our Reference Entity (and the guarantor of such debt) of its obligations under the Guaranty that supports such debt. Please provide us such information to demonstrate that a Credit Event has occurred. I will be out of the office tomorrow but will be checking my voice mail. If you need to consult with someone right away, please contact Sara Shackleton who is familiar with this deal. Carol St. Clair EB 3889 713-853-3989 (Phone) 713-646-3393 (Fax) carol.st.clair@enron.com Akasha R Bibb@ENRON 03/22/2001 12:39 PM To: Carol St Clair/HOU/ECT@ECT cc: Subject: Carol, can you check the note below. Thanks Akasha In response to your email dated March 21st, you have not proven whereby the guarantor( ie. the reference entity) has repudiated its obligations under the guarantee for the obligations mentioned in the documents sent to us, in your notice of Publicly Available Information.. We are still awaiting a copy of the Prospectus for the ISIN XS0109296011 US$22.4MM floating rate notes due 2000 and a copy of the guarantee. Again, we do not believe a Credit Event has yet ocurred. Regards,
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