Enron/McGarret C

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 08/24/00 08:11 AM -----

"CHRIS KRECEK" <KRECC@andrews-kurth.com<
08/23/00 02:47 PM

To: <alan.quaintance@enron.com<, <brenda.l.funk@enron.com<,
<Carol.St.Clair@enron.com<, <charles.delacey@enron.com<,
<Clement.abrams@enron.com<, <David.roland@enron.com<,
<Gina.Karathanos@enron.com<, <joel.ephross@enron.com<,
<tina.livingston@enron.com<, <Trevor.Randolph@enron.com<,
<trushar.patel@enron.com<, <mniebruegge@mayerbrown.com<,
<tellwood@mayerbrown.com<, <eawilburn@prickett.com<, <Tamullen@prickett.com<,
<kenton@rlf.com<, <Mercedes.arango@us.cibc.com<, <schottla@us.cibc.com<,
<wolfmark@us.cibc.com<, <ARoberts@WilmingtonTrust.com<
cc: "David Barbour" <BARBD@andrews-kurth.com<, "MURIEL McFARLING"
<MCFAM@andrews-kurth.com<, "Michael Thimmig" <THIMM@andrews-kurth.com<
Subject: Enron/McGarret C

In connection with the Hawaii 125-0 McGarret C transaction scheduled to close
August 31, 2000, attached in WordPerfect format are the following closing
documents marked against the McGarret B Series:

Closing Checklist (254308);
Asset Notice (254309);
Series Certificate of Beneficial Ownership (254316);
Series Supplement (254319);
Drawdown Request (254322);
Total Return Swap Confirmation (254324);
Put Option Agreement (254334);
Put Option Assignment (254341);
Notice of Put Option Assignment (254345);
Promissory Note (Big Island III) (254347);
B Interest Assignment Agreement (254349);
Warrant Assignment (254351);
Amended and Restated LLC Agreement (McGarret III) (254352);
Amended and Restated LLC Agreement (Big Island) (254356);
Receipt of Asset LLC (254362);
Receipt of Transferor (254365);
Receipt of Trust (254366);
Independent Auctioneer Letter Agreement (254369);
Sale and Auction Agreement (254372);
Direction Letter (254376); and
General Opinion of A&K (254385).

If you have any questions or comments, please call Muriel McFarling at (214)
659-4461. Thank you.

Chris Krecek, Secretary/Legal Assistant
Andrews & Kurth L.L.P.
1717 Main Street, Suite 3700
Dallas, Texas 75201
Phone: (214) 659-4481
Fax: (214) 659-4401
Email: ckrecek@andrews-kurth.com

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- 254385.wpd
- 254309.wpd
- 254316.wpd
- 254319.wpd
- 254322.wpd
- 254324.wpd
- 254334.wpd
- 254341.wpd
- 254345.wpd
- 254347.wpd
- 254349.wpd
- 254351.wpd
- 254352.wpd
- 254362.wpd
- 254365.wpd
- 254366.wpd
- 254369.wpd
- 254372.wpd
- 254376.wpd
- 254308.wpd