Enron Mail

From:carol.clair@enron.com
To:harry.collins@enron.com
Subject:Re: Multi Purpose Form of Guaranty
Cc:
Bcc:
Date:Wed, 21 Jun 2000 04:29:00 -0700 (PDT)

Harry:
Clement is fine with this form

Carol



Harry M Collins
06/21/2000 10:16 AM

To: Carol St.Clair
cc:
Subject: Re: Multi Purpose Form of Guaranty

Enclosed is Alan's response to the draft.

Do you know if Enron Corp is prepared to execute a similiar guarantee?

I believe that the introductory sections on liquids could be expanded to
include, SO2 and NOx and other emission credit trading, coal, bandwidth and
pulp, paper and other wood products trading.
----- Forwarded by Harry M Collins/HOU/ECT on 06/21/2000 10:09 AM -----

Alan Aronowitz
06/21/2000 09:56 AM

To: Harry M Collins/HOU/ECT@ECT
cc: Michael A Robison/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT, Carol St
Clair/HOU/ECT@ECT
Subject: Re: Multi Purpose Form of Guaranty

I think this is a very good idea. I assume that Corp. will be willing to sign
a reciprocal form of this Guaranty.

Yes, I believe coal, emissions, bandwidth and pulp & paper (?) should be
added to the form in the "Transactions" paragraph as bracketed language that
could be used as appropriate. Harry, I assume you will handle developing the
language and submitting to Carol.

Do you know if Corp. has signed off on the form yet?

Alan



Harry M Collins
06/21/2000 09:38 AM

To: Alan Aronowitz/HOU/ECT@ECT
cc: Michael A Robison/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT
Subject: Multi Purpose Form of Guaranty

Please find attached for your review and approval a new multi-commodity
guaranty, which has been developed by Carol St. Clair. This new form would be
used for power, gas and liquids transactions.

I believe that it could also be used for emissions and coal transactions

Jeff has already signed off on this new format.
----- Forwarded by Harry M Collins/HOU/ECT on 06/21/2000 09:24 AM -----

Carol St Clair
06/02/2000 06:24 PM

To: Jeffrey T Hodge/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Harry M
Collins/HOU/ECT@ECT
cc: Mary Tudon/HOU/ECT@ECT
Subject: Multi Purpose Form of Guaranty

Jeff, Stacy and Harry:
We have developed a form of multi-product counterparty Guaranty that is a
little different from our old form of counterparty Guaranty. The main
difference is the deletion of the 15 day cure period in Section 2. Can you
please take a look at this and let me know if you are okay with this as
something credit can send to counterparties?
Thanks.
carol