Message-ID: <6097843.1075842101143.JavaMail.evans@thyme> Date: Mon, 26 Jun 2000 10:59:00 -0700 (PDT) From: carol.clair@enron.com To: clement.abrams@enron.com Subject: Re: Guaranty Issue Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Carol St Clair X-To: Clement Abrams X-cc: X-bcc: X-Folder: \Carol_StClair_Dec2000_1\Notes Folders\All documents X-Origin: STCLAIR-C X-FileName: cstclai.nsf Clement: Thanks for your quick response. As for me, I've got about 3 weeks to go and after this week, pretty much anything goes. I feel great and am really excited and anxious. In the meantime, I'm using my pregnancy as an excuse to get our counterparties to finalize our ISDA's and it appears to be working! Thanks for asking. Carol Clement Abrams@ENRON 06/26/2000 01:38 PM To: Carol St Clair/HOU/ECT@ECT cc: Subject: Re: Guaranty Issue I'm okay with the language. How are you doing? Clem Carol St Clair@ECT 06/22/2000 05:43 PM To: Clement Abrams/Corp/Enron@ENRON cc: Subject: Guaranty Issue Clement: We are trying to finalize our ISDA with Deutsche Bank. In the Guaranty where we have the setoff and counterclaim language they want to add a proviso that basically states that Enron Corp. would be entitled to get the benefit of the rights, setoffs, counterclaims and other defenses that ENA is entitled to only to the extent taht it would have had the benefit of those rights if it were the direct counterparty. I think that I am okay with this but wanted your input. Let me know what you think. Thanks. carol