Message-ID: <4387625.1075849796088.JavaMail.evans@thyme> Date: Mon, 11 Dec 2000 02:26:00 -0800 (PST) From: rob.gay@enron.com To: tracee.bersani@enron.com Subject: ECA Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Rob G Gay X-To: Tracee Bersani X-cc: X-bcc: X-Folder: \Randall_Gay_Nov2001\Notes Folders\All documents X-Origin: GAY-R X-FileName: rgay.nsf ---------------------- Forwarded by Rob G Gay/NA/Enron on 12/11/2000 09:59 AM --------------------------- "Jones, Matthew" on 11/30/2000 01:25:58 PM To: "'Rankin, Cliff (V&E)'" , "'Barquin, John'" cc: "'Dutton, Chris'" , "'Gay, Rob (Enron)'" , "'Tarry, Steve (V&E)'" , "''Novak, John (Enron)'" , "Pirrie, Andrew" Subject: ECA I attach DWS/Shell comments on the latest version of the ECA. The comments appear in the text in bold caps, underlined. The following also need to be included in the draft: 1. provisions for sponsor guarantee buyout, once agreed; and 2. a provision along the lines of Section 7.06 of the TBS Security Agreement (relating to step-in to the TBS agreements) so as to give SOTL/Enron Corp privity in relation to these rights. (This point was agreed with Mary some time ago in one of the New York meetings.) Consideration also needs to be given as to whether there should be express recognition of the rights of STDC and Enron Netherlands to subscribe subdebt under the ECA. Regards _____________________________________ Matthew Jones Denton Wilde Sapte One Fleet Place London EC4M 7WS UK Tel: +44 (0)20 7246 7500 Fax: +44 (0)20 7246 7777 E-mail: mnj@dentonwildesapte.com _____________________________________ <> ****************************************************************************** ** This e-mail is from Denton Wilde Sapte. Our web site is at http://www.dentonwildesapte.com A list of our partners may be inspected at our principal place of business, which is at Five Chancery Lane, Clifford's Inn, London, EC4A 1BU, UK. Our central telephone number is (0)20 7242 1212. This e-mail (including any attachments) is intended only for the recipient(s) named above. It may contain confidential or privileged information and should not be read, copied or otherwise used by any other person. If you are not a named recipient, please contact the sender and delete the e-mail from your system. ****************************************************************************** ** - DWSShell comments on ECA.DOC