Message-ID: <14371518.1075842118511.JavaMail.evans@thyme> Date: Fri, 12 May 2000 09:58:00 -0700 (PDT) From: carol.clair@enron.com To: karen_ector@transcanada.com Subject: Re: LC Form Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Carol St Clair X-To: "Karen Ector" @ENRON X-cc: X-bcc: X-Folder: \Carol_StClair_Dec2000_1\Notes Folders\Sent X-Origin: STCLAIR-C X-FileName: cstclai.nsf Karen: Please take a look at what we have agreed to in Section 4(b) of the amendment. Your new language does not track that language and if you are going to add language to the LC it needs to track that language. I personally feel that this language is unnecessary so long as the drawing condition is specified. Carol "Karen Ector" 05/12/2000 04:42 PM To: Carol St Clair cc: Subject: Re: LC Form Carol: The additional transfer language is sufficient. I black lined an insert to address TEFP's concern that the letter of credit may be exercised on default, only when funds are owed. Please advise if this change is acceptable to Enron. (If it is, I will print copies of the attached, & replace the existing letter of credit format with the attached document, so that Susan does not have to generate executions copies again.) Thank you, Karen Carol St Clair wrote: > Karen: > Enclosed is a new draft of the LC Form in which I have incorporated some > additional transfer language that hopefully deals with your issue. Please [ass > it on to the people taht need to see it. Thanks. > > (See attached file: TransCanada LC Form 5-12.doc) > > Carol St. Clair > EB 3892 > 713-853-3989 (Phone) > 713-646-3393 (Fax) > > ------------------------------------------------------------------------ > Name: TransCanada LC Form 5-12.doc > Type: Microsoft Word Document (application/msword) > TransCanada LC Form 5-12.doc Encoding: base64 > Description: Mac Word 3.0 > Download Status: Not downloaded with message - TransCanada LC Form 5-121R.doc