Re: Fw: IBJ ISDA MASTER AGREEMENT

----- Forwarded by Mark Taylor/HOU/ECT on 09/01/2000 09:17 AM -----

=09John Viverito@ENRON
=0909/01/2000 03:49 AM
=09=09=20
=09=09 To: Mark Taylor/HOU/ECT@ECT
=09=09 cc: Jonathan Whitehead/AP/Enron@Enron
=09=09 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Hi Mark-

We have received the red-lined ISDA schedule from IBJ, with some additional=
=20
comments/questions. They are looking to have a response prior to the "US=
=20
holiday". As you will see below, I said we'll try.

Thanks,

John
----- Forwarded by John Viverito/Corp/Enron on 09/01/2000 02:49 AM -----

=09John Viverito
=0909/01/2000 02:48 AM
=09=09
=09=09 To: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp<
=09=09 cc: hirohide.yabuki@ibjbank.co.jp, Jonathan.Whitehead@enron.com,=20
kazunobu.maeda@ibjbank.co.jp, teruyo.suzuki@ibjbank.co.jp,=20
Tom.Bruce-Jones@enron.com
=09=09 Subject: Re: Fw: IBJ ISDA MASTER AGREEMENT

Dear Mr. Konishi-

Thank you for your comments. We will attempt to respond to you prior to th=
e=20
holiday in the US, but if we are unable to do so, we will respond shortly=
=20
thereafter.

Best regards,

John Viverito

=09"Yamato Konishi" <yamato.konishi@ibjbank.co.jp<
=0909/01/2000 02:31 AM
=09=09=20
=09=09 To: <John.Viverito@enron.com<
=09=09 cc: <Jonathan.Whitehead@enron.com<, "Tom Bruce-Jones"=20
<Tom.Bruce-Jones@enron.com<, "teruyo.suzuki" <teruyo.suzuki@ibjbank.co.jp<,=
=20
"Maeda san" <kazunobu.maeda@ibjbank.co.jp<, "hirohide.yabuki"=20
<hirohide.yabuki@ibjbank.co.jp<
=09=09 Subject: Fw: IBJ ISDA MASTER AGREEMENT

Dear Mr.Viverito

Attached Word file is ISDA draft amended by our legal desk.
(please take the amended points as our comment on your draft)
Please check it all and kindly reply ASAP.
(CSA is not acceptable as I mentioned you before, and we'll check your
LETTER OF CREDIT after
the schedule is almost agreed)

In your draft, we cannot understand the meaning of "EDGAR" on page4,
so please show us what it is.

We are very hoping to conclude this process rapidly.
So, I very much appreciate it if you could send back your comment before
Holiday in U.S.(4th Sep)
(it's ok if only the rough prospects of concluding ISDA)

Best regards,
Konishi IBJ Tokyo
81-3-3214-1008
----- Original Message -----
From: "Teruyo Suzuki" <teruyo.suzuki@ibjbank.co.jp<
To: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp<
Sent: Friday, September 01, 2000 3:58 PM
Subject: Re: IBJ ISDA MASTER AGREEMENT

< ISDA Draft=10=07I=10_X=10"?=10,d=10`-=10=07t=10,?=10,?=10,?=10,?=10,?=10_=
B=10-?=10-O
< ----- Original Message -----
< From: "Yamato Konishi" <yamato.konishi@ibjbank.co.jp<
< To: <John.Viverito@enron.com<
< Cc: <Jonathan.Whitehead@enron.com<; "Tom Bruce-Jones"
< <Tom.Bruce-Jones@enron.com<; "teruyo.suzuki"
<teruyo.suzuki@ibjbank.co.jp<;
< "Maeda san" <kazunobu.maeda@ibjbank.co.jp<
< Sent: Wednesday, August 30, 2000 9:59 PM
< Subject: Re: IBJ ISDA MASTER AGREEMENT
<
<
< < Dear Mr.Viverito
< <
< < Thank you very much.
< < Now we start checking your draft and maybe we can return comment on thi=
s
< < Friday.
< <
< < Please be advised following points at this time.
< < 1)Part 6 on the schedule is needed to be deleted.
< < We think that it's enough if the terms in Part 6 are referred in the
< < individual confirmation.
< < 2)ISDA Credit support annex is not acceptable
< < Unfortunately, we don't have internal system for concluding CSA with
< < non-financial entity.
< <
< < Please keep support us for concluding ISDA ASAP for our business in nea=
r
< < future.
< < If any question, please feel free to contact me.
< <
< < Best regards,
< < Konishi /IBJ Tokyo 81-3-3214-1008
< < ----- Original Message -----
< < From: <John.Viverito@enron.com<
< < To: <yamato.konishi@ibjbank.co.jp<
< < Cc: <Jonathan.Whitehead@enron.com<
< < Sent: Wednesday, August 30, 2000 5:31 PM
< < Subject: IBJ ISDA MASTER AGREEMENT
< <
< <
< < < Dear Mr. Konishi,
< < <
< < < Attached hereto, is the draft ISDA documentation, for your review.
< < < Included are the Schedule, the Credit Support Annex and the Enron
Corp.
< < < Guaranty.
< < <
< < < I apologize for the delay in the preparation and distribution of thes=
e
< < < documents.
< < <
< < < We look forward to receiving your comments.
< < <
< < < Best regards,
< < <
< < < John Viverito
< < <
< < <
< < < (See attached file: IBJ Schedule 30.08.00.doc)(See attached file: IBJ
< CSA
< < < 30.08.00.doc)(See attached file: IBJ EC guarantee 30.08.00.doc)
< <
< <
<

- IBJ Schedule 31.08.00.doc