Message-ID: <33428173.1075844803961.JavaMail.evans@thyme> Date: Mon, 9 Apr 2001 10:31:00 -0700 (PDT) From: edward.sacks@enron.com To: sara.shackleton@enron.com Subject: RE: Cargill Alliant master Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Edward Sacks X-To: Sara Shackleton X-cc: X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Notes inbox X-Origin: SHACKLETON-S X-FileName: sshackle.nsf It should say either; therefore, if one were to disappear, an Event of Default would occur. This was the intent and is probably consistent with that in the Master Power agmt. -----Original Message----- From: Shackleton, Sara Sent: Monday, April 09, 2001 5:22 PM To: Sacks, Edward Subject: Cargill Alliant master Ed: For the Additional Event of Default (ratings trigger), do you intend the MAC to apply when only one or both credit ratings disappear? Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com