Enron Mail

From: carol.clair@enron.com To: shutteej@epenergy.com Subject: Credit Response Cc: Bcc: Date: Fri, 12 May 2000 10:07:00 -0700 (PDT) Carol St. Clair EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax) ----- Forwarded by Carol St Clair/HOU/ECT on 05/12/2000 05:07 PM ----- Carol St Clair 05/12/2000 05:02 PM To: shuttej@epenergy.com cc: Brant Reves/HOU/ECT@ECT Subject: Credit Response John: Our credit person has agreed to the 3% equity test for cross-default. With respect to setoff, given our relationships with El Paso, this is an important credit point for us and one that I guess the credit people will need to discuss since it is important for us to have the Affiliate language. Our credit person is Brant Reves (713-853-9897). Carol St. Clair EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax)