Enron Mail

From:sara.shackleton@enron.com
To:rhett.jackson@enron.com
Subject:ISDA bank representation
Cc:
Bcc:
Date:Mon, 12 Feb 2001 08:55:00 -0800 (PST)

Rhett:

I am negotiating with First Union National Bank (Party B below). Is the
following rep OK?

"Party B is a national banking association organized under the laws of the
United States of America and is treated as a corporation for United States
tax purposes."

Why does the bank see the need for the latter clause?

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