Enron Mail

From:carol.clair@enron.com
To:russell.diamond@enron.com
Subject:Re: American Central Energy- ISDA
Cc:
Bcc:
Date:Tue, 11 Apr 2000 06:41:00 -0700 (PDT)

Russell:
I will draft something up later today for you to look at. With respect to
Richardson Products, the July 29, 1999 Guaranty in the second paragraph
already picks up all ECT affiliates which would include HPL, such that any
physical contract between ECT or its affiliates and Richardson Products II,
Ltd. would already be covered. Their letter mentions an April 28th
Guaranty. Does one exist?

Why I don't think that we need to say anything with respect to the July 29th
Guaranty, it certainly wouldn't hurt for them to simply send us a letter
referencing this Guaranty and stating that it is their understanding that the
term "ECT Affiliates" as used in the Guaranty includes Houston Pipe Line
Company.

Carol