Enron Mail

From:tracy.ngo@enron.com
To:dave.fuller@enron.com
Subject:ISDA Worksheet: Public Utility District of Clark County, Washington
Cc:jason.williams@enron.com
Bcc:jason.williams@enron.com
Date:Thu, 15 Feb 2001 02:39:00 -0800 (PST)

you're done. I like Cab-Merlot blends por favor at the swanky SouthPark bar
on 9th and Salmon St. YES!!!! Credit never sleeps!!!


---------------------- Forwarded by Tracy Ngo/PDX/ECT on 02/15/2001 10:45 AM
---------------------------


Jason R Williams@ENRON
02/15/2001 10:46 AM
To: Tracy Ngo/PDX/ECT@ECT
cc:

Subject: ISDA Worksheet: Public Utility District of Clark County, Washington


TNgo -

A bit of a gray area. There are SOME credit terms in the ISDA draft, but no
collateral threshold. You'll have to sell this to Fuller to collect on your
wine...



Always Here For You, TNgo,

Jay


---------------------- Forwarded by Jason R Williams/NA/Enron on 02/15/2001
12:42 PM ---------------------------


Jason R Williams
01/25/2001 08:50 AM
To: Tana Jones/HOU/ECT@ECT
cc: Tracy Ngo/PDX/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Sara
Shackleton/HOU/ECT@ECT, Dave Fuller/PDX/ECT@ECT

Subject: ISDA Worksheet: Public Utility District of Clark County, Washington


Tana -

Attached is the ISDA worksheet for Clark County, Washington. You will note
that this worksheet indicates no collateral threshold, as Clark County is a
counterparty that will require a contract where we maintain no collateral
rights. NOTE TO TRACY AND DAVE: If you feel like we can get Clark County
PUD to agree to margin rights, then we should (obviously) try to put a draft
in front of them with a threshold and margin rights. Please let me know your
thoughts on this issue.


Thanks,

Jay