Subject: FW: ISDA Master Agreements
From: [email-masked]
To: [email-masked]
Date: Tue, 14 Aug 2001 07:46:10 -0700 (PDT)

-----Original Message-----
From: 	James Giordano <[email-masked]>@ENRON [mailto:IMCEAN[email-masked]] 
Sent:	Tuesday, August 14, 2001 6:53 AM
To:	Sayre, Frank; James Giordano
Cc:	Radous, Paul; Abramo, Caroline; Heard, Marie; Bernard Weis
Subject:	RE: ISDA Master Agreements
Importance:	High

Frank,

I was under the impression that this ISDA was done and ready to be signed
over a month ago.  The NAV information hads been discussed and provided
before ( I have outlined it again below).  Are there any other issues that
Enron believes are open or is this it?  Please let me know immediately if
there are any other issues, if not please forward the final version for
signatures.

	NAV:		Beginning Capital balance
	plus		Additions
	minus		Withdrawls
	plus/minus	net income
	equals	Ending Capital balance
	divided by 	number os shares owned
	equals	Unit Net Asset Value

Regards,

Jim

-----Original Message-----
From: Sayre, Frank [mailto:[email-masked]]
Sent: Friday, August 10, 2001 4:52 PM
To: [email-masked]
Cc: Radous, Paul; Abramo, Caroline; Heard, Marie
Subject: FW: ISDA Master Agreements

Jim, what we really need (which we have discussed before) is a
description of how you calculate Net Asset Value.  Thanks.  Frank

>  -----Original Message-----
> From: 	Heard, Marie
> Sent:	Friday, August 10, 2001 10:17 AM
> To:	[email-masked]'
> Cc:	Radous, Paul; Sayre, Frank; Abramo, Caroline
> Subject:	ISDA Master Agreements
>
> Mr. Giordano:
>
> Attached for your review are clean and blacklined drafts of each of
> the following:
>
> 1.	Schedule to the ISDA Master Agreement and Paragraph 13 to the
> ISDA Credit Support Annex - Enron North America Corp. and Catequil
> Partners, L.P.
>
> 2.	Schedule to the ISDA Master Agreement and Paragraph 13 to the
> ISDA Credit Support Annex - Enron North America Corp. and Catequil
> Overseas Partners, Ltd.
>
> Please provide us with the following information needed to complete
> Parts 5(p)(b) and 5(p)(d) of each Schedule:
>
> 1.	Date of each limited partnership agreement; and
>
> 2.	Date of each investment management agreement.
>
> In addition, please verify that Catequil Associates LLC is the correct
> party to sign both agreements as general partner of each of the
> limited partnerships.
>
> Please do not hesitate to contact Frank Sayre (713/345-7894;
> [email-masked]) or me with any questions or comments.  We look
> forward to hearing your comments.
>
> Marie Heard
> Senior Legal Specialist
> Enron North America Corp.
> Phone:  (713) 853-3907
> Fax:  (713) 646-3490
> [email-masked]
>
>
> 		 <<039ctr(catequil partners).doc>>
> <<039CTR(CATEQUIL PARTNERS).RED.DOC>> 	 <<037ctr(catequil
> overseas).doc>> 	 <<037CTR(CATEQUIL OVERSEAS).RED.DOC>>
>
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