Message-ID: <32444411.1075844477112.JavaMail.evans@thyme>
Date: Sun, 29 Oct 2000 23:32:00 -0800 (PST)
From: tanya.rohauer@enron.com
To: sara.shackleton@enron.com
Subject: Re: Lehman/ENE master
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Doesn't the Termination event apply to both now?  Or is it just S&P?  I am ok 
with either.  Despain has made his position very clear on the cross-default.  
It has to be $100 to match our Citibank revolver.  If we concede the Term 
event definition - maybe we can get them to go up to 100.  We should stress 
it is bilateral.  Who are Paul Rosica and Richard Weiss?




Sara Shackleton
10/27/2000 09:53 AM
To: Tanya Rohauer/HOU/ECT@ECT
cc:  
Subject: Lehman/ENE master



Spoke with Paul Rosica and left vm for Richard Weiss to discuss ENE draft 
which we will email this morning.  Paul indicated that Lehman would 
compromise the cross D/F threshold at US$70 Million and would like the 
Termination Event (or Event of Default) downgrade to apply to S&P or 
Moody's.  Jurisdiction will require further discussion.  I will ask Tanya 
about the threshold and downgrade issues now.

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