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Enron Mail |
Cc: william.bradford@enron.com, tanya.rohauer@enron.com,
russell.diamond@enron.com, molly.harris@enron.com, tracy.ngo@enron.com, brant.reves@enron.com, rod.nelson@enron.com, paul.radous@enron.com, rudwell.johnson@enron.com, edward.sacks@enron.com, jason.williams@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: william.bradford@enron.com, tanya.rohauer@enron.com, russell.diamond@enron.com, molly.harris@enron.com, tracy.ngo@enron.com, brant.reves@enron.com, rod.nelson@enron.com, paul.radous@enron.com, rudwell.johnson@enron.com, edward.sacks@enron.com, jason.williams@enron.com X-From: Sara Shackleton X-To: Mark Taylor, Mary Cook, Brent Hendry, Carol St Clair, Susan Bailey, Tana Jones, Samantha Boyd, Stephanie Panus, Kaye Ellis, Taffy Milligan, Cheryl Nelson X-cc: William S Bradford, Tanya Rohauer, Russell Diamond, Molly Harris, Tracy Ngo, Brant Reves, Rod Nelson, Paul Radous, Rudwell Johnson, Edward Sacks, Jason R Williams X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\Sent X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Many of you have been involved in recent efforts to either amend documents to provide for rehypothecation of securities or additional collateral arrangements, both resulting from cash constraints in the market. In that regard, it appears that our credit group will be very interested in accepting different forms of government obligations, including Treasury Bills, Treasury Notes and Treasury Bonds. Our current version of Paragraph 13 does not have the "choice" for Eligible Collateral consisting of longer dated obligations such as Treasury Notes and Bonds; our earlier version did provide this option. LEGAL: When preparing new master agreements, please be specific about credit requests to include securities and verify with credit the specific types of Eligible Collateral to be included in Paragraph 13. CREDIT: When drafting credit worksheets, please be specific when requesting types of Eligible Collateral other than cash. We may consider amending Paragraph 13 again or adding additional forms of Eligible Collateral to Library Doc.
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