|
|
Enron Mail |
I spoke to Mark yesterday about (B) of the Setoff clause. He says it has
been in our form since time immemorial; he is not sure at whose behest it was put in there or for what specific reasons, although he did confirm what we concluded -- it is meant to allow the Non-defaulting party to hold back payment if it is not paid amounts that, for whatever reason, do not qualify for Setoff. To this end, he authorized me to elaborate on the phrase "other obligations" by changing it to "obligations (other than those pursuant to Section 6(e))" Robert E. Bruce Senior Counsel Enron Wholesale Services T (713) 345-7780 F (713) 646-3393 robert.bruce@enron.com Sara Shackleton@ECT 04/12/2001 12:38 PM To: Robert Bruce/NA/Enron@Enron cc: Subject: setoff Bob: (1) got a vm from Carol and she really needs the EES C.A. - I know she left you a vm (2) surprise! I just received an email from Cargill asking about none other than setoff Part (b)! Let me know what you find out. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com
|