Message-ID: <1020693.1075857586405.JavaMail.evans@thyme> Date: Tue, 21 Nov 2000 13:19:00 -0800 (PST) From: john.arnold@enron.com To: sarah.wesner@enron.com Subject: Re: FIMAT loan agreement Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: John Arnold X-To: Sarah Wesner X-cc: X-bcc: X-Folder: \John_Arnold_Dec2000\Notes Folders\Sent X-Origin: Arnold-J X-FileName: Jarnold.nsf i assume means carrying equity positions, which of course the line would not be used for. john Sarah Wesner@ENRON 11/20/2000 12:47 PM To: John Arnold/HOU/ECT@ECT cc: Subject: FIMAT loan agreement John - the FIMAT loan agreeemnt will prohibit ENE from using loan proceeds as follows: No part of the proceeds of any Advance hereunder will be used for "purchasing" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under Regulation U of the Board of Governors of the Federal Reserve System as now and from time to time hereafter in effect. Do you know whether you engage in purchasing or carrying margin stock? I will check with legal as well. Sarah