Enron Mail

From:carol.clair@enron.com
To:clement.abrams@enron.com
Subject:Guaranty Issue
Cc:
Bcc:
Date:Thu, 22 Jun 2000 10:43:00 -0700 (PDT)

Clement:
We are trying to finalize our ISDA with Deutsche Bank. In the Guaranty where
we have the setoff and counterclaim language they want to add a proviso that
basically states that Enron Corp. would be entitled to get the benefit of the
rights, setoffs, counterclaims and other defenses that ENA is entitled to
only to the extent taht it would have had the benefit of those rights if it
were the direct counterparty. I think that I am okay with this but wanted
your input. Let me know what you think. Thanks.
carol