Collateral GTC's

My recollection is that we did this on purpose - that the industry works this
way for all participants (or nearly all) so we built our documents to reflect
that practice. Do I remember correctly?
---------------------- Forwarded by Mark Taylor/HOU/ECT on 02/17/2000 06:05
PM ---------------------------

David Forster
02/17/2000 01:59 PM
To: Debbie R Brackett/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Justin
Boyd/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT
cc: Dale Neuner/HOU/ECT@ECT, Mark Dilworth/LON/ECT@ECT
Subject: Collateral GTC's

All,

I am aware that early in the EnronOnline process, some GTC's were only
generated for the "With Collateral" category and hence, all companies
transacting in that commodity were subject to the collateral clause.

I am now starting to wonder if this was an oversight, or if there is a reason
why all counterparties should be bound by a collateral clause for the
following GTC's/Products:

I would appreciate any insight which any of you can offer.

Thanks,

Dave