Message-ID: <11701892.1075842126165.JavaMail.evans@thyme> Date: Wed, 14 Jun 2000 01:47:00 -0700 (PDT) From: carol.clair@enron.com To: nora.dobin@enron.com Subject: RE: Calculation Agency Agreement Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Carol St Clair X-To: Nora Dobin X-cc: X-bcc: X-Folder: \Carol_StClair_Dec2000_1\Notes Folders\Sent X-Origin: STCLAIR-C X-FileName: cstclai.nsf Carol St. Clair EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax) ----- Forwarded by Carol St Clair/HOU/ECT on 06/14/2000 08:46 AM ----- "Eldredge, Jeff" 06/14/2000 04:20 AM To: "St. Clair, Carol (Enron)" cc: Subject: RE: Calculation Agency Agreement An Enron entity will be Calculation Agent. Do you have concerns about Sections 2(c) and 7? The latest draft is the June 9 draft, but we are still commenting on it. Jeffrey E. Eldredge Vinson & Elkins L.L.P. Regis House 45 King William Street London EC4R 9AN Office Tel: (44-171) 618-6013 Fax: (44-171) 618-6001 Mobile Tel: (44) 0411 435 486 -----Original Message----- From: Carol St Clair [mailto:Carol.St.Clair@enron.com] Sent: 14 June 2000 00:06 To: jeldredge@velaw.com Cc: Mark Evans; Michael R Brown; Nora Dobin Subject: Calculation Agency Agreement Jeff: Has there been any discussion on our side with who the Calculation Agent would be? Normally, it is one of the swap counterparties. Is this a role that Enron Corp. can and should perform? With respect to the Agreement, I am looking at a June 2nd draft and was wondering if anyone has focused on the language in Section 2, and in particular, Section 2(c) and Section 7. Carol St. Clair EB 3892 713-853-3989 (Phone) 713-646-3393 (Fax)