|
|
Enron Mail |
FYI,
Bill Bradford in Credit had a conference call today with the Deutsche Bank Credit person and I think we have come to agreement on not adding any specified entities to the ISDA Master Agreement. He also discussed proposed credit limits for the three other Deutsche Bank masters we want to get in place (including EnronCredit.com). I think we are done now and hope to get execution documents from them, since the documents are on their system. Our intention is to then get Deutsche Bank to turn around 3 like masters, making any changes necessitated by change of law, and otherwise turn around the remaining masters quickly. I'll keep you posted. Richard Sage 11/30/2000 10:52 AM To: Tana Jones/HOU/ECT@ECT cc: Subject: Re: ISDA Master Agreement: Deustche 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
|