Message-ID: <24835321.1075860052748.JavaMail.evans@thyme> Date: Mon, 1 Mar 1999 02:42:00 -0800 (PST) From: mark.taylor@enron.com To: debbie.brackett@enron.com Subject: Re: Naphtha Hedge Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Mark - ECT Legal Taylor X-To: Debbie R Brackett X-cc: X-bcc: X-Folder: \Mark_Taylor _Dec_2000\Notes Folders\Sent X-Origin: Taylor-M X-FileName: mtaylor.nsf We have asked for a legal opinion from the counterparty's Indian counsel but have not received it yet. That's the reason I'd like to do a special form of L/C - we need to add some language that indicates enforceability of the underlying agreement is not a prerequisite to a draw.