Enron Mail

From:christina.finelli@enron.com
To:tana.jones@enron.com
Subject:Re: IMC Canada
Cc:
Bcc:
Date:Mon, 2 Apr 2001 08:48:00 -0700 (PDT)

Tana, thanks for all your help. On the marked copy you sent, are all
negotiated items in "blue" or are those "Canadian changes"? Just wanted to
make sure I don't delete something I shouldn't. Thanks.
christy


From: Tana Jones@ECT on 04/02/2001 03:03 PM
To: Christina Finelli/HOU/EES@EES
cc: James E Keller/HOU/EES@EES
Subject: IMC Canada







Be careful using IMC Canada to prepare your draft from. Even though we have
chosen NY law, we had two Canadian companies entering into the IMC Canada
agreement so there is language in the agreement that is Canadian specific,
and it might be missing some required US language. I have also attached a
redlined draft reflecting the negotiated changes to the form since the form
we first sent the form to the counterparty. I have attached our current
form of ISDA Schedule as a reference. The Canadian changes will be color
coded, so you can see them easily.

Also, please note: there have been recent amendments to the CFTC Rules that
have required certain changes to the swap reps, in particular there are no
longer "eligible swap participants", the current terminology is "eligible
contract participant". Please see Part 5(b) of the Schedule in particular.