Message-ID: <1697759.1075844529170.JavaMail.evans@thyme>
Date: Thu, 21 Oct 1999 06:39:00 -0700 (PDT)
From: sara.shackleton@enron.com
To: per.sekse@enron.com
Subject: Tiger
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Just got your voice mail.  I have severe laryngitis and I cannot use my voice 
today or tomorrow.  Sorry.  We can e-mail or speak through Marie.  
Yes, we have a blackline.  Marie has finished going through it and I need to 
review (the lawyers blacklined the latest version over the second blackline 
so we had to revert to a comparision to the first blackline!).  Re: the 
credit support annex, I believe all is resolved.  However, I believe there is 
still an L/C issue.  If there is an L/C default (say the issuer is 
downgraded), Tiger is insisting that we post cash immediately without the 
right to post a  substitute L/C within two days.  I am not absolutely certain 
of this, but Carol has a 2 pm call with the lawyers and I will listen.  I 
don't know if Tiger responded to our guaranty.  I was out sick yesterday.  
Hope this brings you up to date.  SS