Subject: Comments to Pgph 6 of ISDA
From: [email-masked]
To: [email-masked], [email-masked], [email-masked]
Cc: [email-masked], [email-masked], [email-masked]
Date: Fri, 16 Mar 2001 02:02:00 -0800 (PST)

Attached are my comments to the ISDA.

Feel free to call me as soon as possible.  Thanks much!!

Yair Yaish
Merrill Lynch (OGC)
212-449-2456
[email-masked]

> -----Original Message-----
> From: [email-masked] [SMTP:[email-masked]]
> Sent: Friday, March 16, 2001 12:57 AM
> To: [email-masked]; [email-masked]
> Cc: [email-masked]; [email-masked]; 
[email-masked]; [email-masked]
> Subject: Re-revised Allegheny Side Letter for ISDA
>
> Sara/Janice, thanks for your comments.  I have reflected them in the 
attached draft, marked to show your changes.  The governing law provision is 
a formulation that we have used at S&C to accomplish the purpose of giving 
effect to NY-GOL 5-1401 and should achieve the purpose of the language you 
added to the power master amendment; I was planning to conform the latter to 
the language used here unless you have an objection.
>
> Allegheny has not yet reviewed this draft so it remains subject to their 
comment.  I also need Yair to confirm that he is happy with the new Part 6 - 
Commodity Definitions section (Yair, this is attached as Exhibit "C" to the 
attached document).
>
> Let me know if you have any further questions or comments.  Thanks!
>
>
>
>
>
>
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>  << File: Allegheny  ENRON ISDA SIDE LETTER(vRED).DOC >>