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Enron Mail |
Anna:
I propose the following for Schedule B: "The fourth sentence of Paragraph 10 of the Securities Loan Agreement is amended to read as follows: In the event that (i) the purchase price of Replacement Securities (plus all other amounts, if any, due to Lender hereunder) exceeds (ii) the amount of the Collateral, Borrower shall be liable to Lender for the amount of such excess together with interest thereon at a rate equal to the rate per annum equal to the cost (without proof or evidence of any actual cost) to the Lender (as certified by it) if it were to fund or of funding the relevant amount plus 1% per annum, as such rate fluctuates from day to day, from the date of such purchase until the date of payment of such excess." Clement Abrams is on vacation this week. I'll call soon. 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
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