That is not right, even if it is A-, we still need credit langauge.  We do 
not need credit language if we are putting in a Master Sales Agreement.  I 
thought Stacy used the Master Firm Sales contract.

I will send up a credit worksheet for this counterparty.
Russell






Dan J Hyvl
10/10/2000 07:54 AM
To: Russell Diamond/HOU/ECT@ECT
cc:  
Subject: Re: new deal!!  

We need to do a master purchase sale agreement because we would be buying  
back any quantities they obligated themselves to buy but failed to buy.  I 
did not know that we still used the single purpose sale agreement or that we 
had an approved form for such.  Do I understand you that since they are A- 
rated we need no credit language in the master and no triggering events.  
Please  confirm!!!!!



	Russell Diamond
	10/10/2000 07:44 AM
		
		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc: 
		 Subject: Re: new deal!!

We are only selling gas to them, the credit is rated A- by S&P, do you need a 
Master Firm Purchase Sale Agreement, or just a Master Firm Sale Agreement.  
Let me know if you still need a credit worksheet.

Russell





Dan J Hyvl
10/09/2000 01:04 PM
To: Russell Diamond/HOU/ECT@ECT
cc:  
Subject: new deal!!

Russell,
 Have you prepared a credit sheet for this?  If not, when?
----- Forwarded by Dan J Hyvl/HOU/ECT on 10/09/2000 01:03 PM -----

	Lee L Papayoti
	10/06/2000 02:04 PM
		 
		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc: 
		 Subject: new deal!!

Dan 

I need help on "Englehard Corporation" .... just did the one year deal 
described herein:



We'll need a new Enfolio and T.A. or C.L. .... Russell Diamond in credit said 
OK.

Thanks

Lee