Message-ID: <17784427.1075859514232.JavaMail.evans@thyme>
Date: Wed, 29 Dec 1999 04:22:00 -0800 (PST)
From: brenda.whitehead@enron.com
To: rogers.herndon@enron.com, tracy.ngo@enron.com, berney.aucoin@enron.com, 
	james.simpson@enron.com, wanda.curry@enron.com, 
	james.fallon@enron.com, david.portz@enron.com, 
	elizabeth.sager@enron.com, rodney.malcolm@enron.com, 
	stuart.zisman@enron.com, archie.malcolm@sympatico.ca, 
	dgordon@exchange.ml.com, yyaish@exchange.ml.com, 
	kevin.presto@enron.com, stuart.zisman@enron.com, 
	mark.haedicke@enron.com
Subject: Merrill Lynch Capital - Alternate Deal Structure
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X-From: Brenda Whitehead
X-To: Rogers Herndon, Tracy Ngo, Berney C Aucoin, James Simpson, Wanda Curry, James B Fallon, David Portz, Elizabeth Sager, Rodney Malcolm, Stuart Zisman, archie.malcolm@sympatico.ca, dgordon@exchange.ml.com, yyaish@exchange.ml.com, Kevin M Presto, Stuart Zisman, Mark E Haedicke
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Enclosed are those documents I believe would be impacted if we elect to use 
separate Credit Support Annexes, one for the new EPMI ISDA and one for the 
Power Master (already in existence ("Old CSA")).  

 1. New Credit Support Annex - to be attached to EPMI/ML ISDA ("New CSA").  
Draft enclosed, including one marked to show changes from CSA currently in 
place between ENA and ML.

 2. Schedule to ISDA - Part 4(F) would reflect New CSA rather than Old CSA.  
Revised Schedule attached.

 3. No Amendment to Power Agreement would be required.  (Delete document 
named "Power Amendment 1).




                                                                     
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