Message-ID: <16719985.1075851944980.JavaMail.evans@thyme>
Date: Tue, 6 Mar 2001 05:50:00 -0800 (PST)
From: todd.peterson@enron.com
To: pybarbo@enron.com
Subject: ECO COU
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---------------------- Forwarded by Todd Peterson/ENRON_DEVELOPMENT on=20
03/06/2001 01:53 PM ---------------------------


Nancy Corbet
12/12/2000 11:28 AM
To: Todd Peterson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: =20

Subject: ECO COU

See the attached provision from the Malaysia COU re reciprocal subrogation=
=20
relief.


12.2 All Port Facilities Insurance will at all times contain a waiver in=20
favour of Ship Owner Transportation Interests of rights of subrogation of=
=20
claims by the insurers against of Ship Owner Transportation Interests to th=
e=20
extent such claims have been waived in these Conditions by LNG Interests. =
=20
LNG Interests Operator.=20

11.4 Operator shall deliver to Ship Owner Transportation Interests reasonab=
le=20
evidence of such waiver of rights of subrogation; however, no failure by Sh=
ip=20
Owner Transportation Interests to insist on performance of this covenant=20
shall operate as a waiver hereof.  Operator LNG Interests agrees to indemni=
fy=20
Ship Owner Transportation Interests against any loss or expense caused by o=
r=20
resulting from Operator=01,s LNG Interests=01, failure to procure the waive=
r(s) of=20
subrogation provided in this Clause 11.3 12.2.