Message-ID: <16535012.1075842775438.JavaMail.evans@thyme> Date: Wed, 21 Mar 2001 01:37:00 -0800 (PST) From: virginia.c.levenback@williams.com To: gerald.nemec@enron.com Subject: Enron Corporate Guaranty Cc: toi.l.anderson@williams.com, orlando.alvarado@williams.com Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit Bcc: toi.l.anderson@williams.com, orlando.alvarado@williams.com X-From: "Levenback, Virginia C" X-To: "'gerald.nemec@enron.com'" X-cc: "Anderson, Toi L" , "Alvarado, Orlando" X-bcc: X-Folder: \Gerald_Nemec_Dec2000_June2001_2\Notes Folders\All documents X-Origin: NEMEC-G X-FileName: gnemec.nsf ??????? ??????? As we discussed, outlined below is a sentence that Transco proposes to insert to replace the language stricken by Enron at the end of Paragraph 2 of the Guaranty to address Enron's concerns about over-collecting interest for late payments: ??????? "If Guarantor fails to make timely payment of the amount of the Payment Demand, then Counterparty shall be entitled to collect the amount of the Payment Demand together with interest calculated in accordance with Section 7(c) of the General Terms and Conditions of Counterparty's FERC Gas Tariff as amended from time-to-time. ??????? Please call me at (713) 215-2810 to discuss Transco's revised language.? We look forward to finalizing the Guaranty today if possible.? Thanks for your cooperation.? Gnny Levenback