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Enron Mail |
Samantha,
Tana, I have attached an amended credit worksheet for the referenced counterparty. This amended worksheet includes a Guaranty from its parent company of $5MM, thus increasing the collateral threshold to $5MM, and amending other credit covenants. Per the Legal Comment in the Master Swap Lotus Notes Database, Tana received a call from the counterparty requesting a 'less complicated' agreement. In the comment, Tana suggested using an Industrial Master, if this agreement is OK from a Legal standpoint, I am OK using the Industrial from a Credit standpoint. Please draft this amended credit worksheet to an amended Industrial Master. Thank you, Russell
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