Enron Mail

From:greg.johnston@enron.com
To:mark.taylor@enron.com
Subject:Re: EOL Power Products
Cc:john.zufferli@enron.com, dianne.seib@enron.com
Bcc:john.zufferli@enron.com, dianne.seib@enron.com
Date:Mon, 23 Oct 2000 01:28:00 -0700 (PDT)

Mark, our commercial people have reviewed your proposed changes to the first
of the Canadian EOL Power Products. As stated in the message below, we are
fine with those changes. Also, John addresses your question on price
modifications. Doesn't the ISDA already contain language that will allow for
post-payment adjustments? I wouldn't have thought we would need to address
that issue in the long description.

I would suspect that the same changes would flow through to the other two
product descriptions, as they are all very similar, but would ask that you
have a look at the other two descriptions and provide any comments on them.

Thanks

Greg
---------------------- Forwarded by Greg Johnston/CAL/ECT on 10/23/2000 08:25
AM ---------------------------


John Zufferli
10/23/2000 07:12 AM
To: Greg Johnston/CAL/ECT@ECT
cc:
Subject: Re: EOL Power Products

The wording looks fine to me. As fas the price modifications go, as I said
before we can extend the payment dates to the end of the month following a
Determination Period or would put language in the document that enables us to
settle up after payments in the event a restatement occurs.