Enron Mail

From:richard.sage@enron.com
To:tana.jones@enron.com
Subject:Re: ISDA Master Agreement: Deustche
Cc:
Bcc:
Date:Thu, 30 Nov 2000 08:52:00 -0800 (PST)

If you do add all the entities, does that mean that we would not need to put
in place a separate agreement for ECCL?
---------------------- Forwarded by Richard Sage/LON/ECT on 30/11/2000 16:53
---------------------------
From: Tana Jones on 27/11/2000 15:45 CST
To: Denis O'Connell/LON/ECT@ECT
cc: Richard Sage/LON/ECT@ECT, Sara Shackleton/HOU/ECT@ECT

Subject: Re: ISDA Master Agreements

With respect to Deutsche Bank (""DB"), we have one credit issue remaining, DB
would like us to add all the Enron trading entities DB trades with as
Specified Entities under the ISDA Master Agreement and we are somewhat
hesitant to do so, as this could potentially roll up swaps under structured
loan transactions into a default under the ISDA Agreement. Sara and Bill
Bradford in Credit are supposed to talk to the DB Credit people about this
remaining issue.

With respect to First Union National Bank, the draft we were working from was
so old that they agreed to look at our current form of agreement which was
sent to them on 11/8/00 for review. Sara is working on that with Susan
Bailey, another paralegal in our Group.



Denis O'Connell
11/22/2000 06:05 AM

To: Tana Jones/HOU/ECT@ECT
cc: Richard Sage/LON/ECT@ECT
Subject: ISDA Master Agreements

Tana - can you please give me an update on where you are in the negotiations
of the ISDA with the following counterparties and confirm which Enron entity
you are negotiating on behalf of.

Tks,

Denis


First Union National Bank

Deutsched Bank AG