Harry:
Clement is fine with this form

Carol



	Harry M Collins
	06/21/2000 10:16 AM
		 
		 To: Carol St.Clair
		 cc: 
		 Subject: Re: Multi Purpose Form of Guaranty

Enclosed is Alan's response to the draft.

Do you know if Enron Corp is prepared to execute a similiar guarantee?

I believe that the introductory sections on liquids could be expanded to 
include, SO2 and NOx and other emission credit trading, coal, bandwidth and 
pulp, paper and other wood products trading.
----- Forwarded by Harry M Collins/HOU/ECT on 06/21/2000 10:09 AM -----

	Alan Aronowitz
	06/21/2000 09:56 AM
		
		 To: Harry M Collins/HOU/ECT@ECT
		 cc: Michael A Robison/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT, Carol St 
Clair/HOU/ECT@ECT
		 Subject: Re: Multi Purpose Form of Guaranty

I think this is a very good idea. I assume that Corp. will be willing to sign 
a reciprocal form of this Guaranty.

Yes, I believe coal, emissions, bandwidth and pulp & paper (?) should be 
added to the form in the "Transactions" paragraph as bracketed language that 
could be used as appropriate. Harry, I assume you will handle developing the 
language and submitting to Carol. 

Do you know if Corp. has signed off on the form yet?

Alan



	Harry M Collins
	06/21/2000 09:38 AM
		 
		 To: Alan Aronowitz/HOU/ECT@ECT
		 cc: Michael A Robison/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT
		 Subject: Multi Purpose Form of Guaranty

Please find attached for your review and approval a new multi-commodity 
guaranty, which has been developed by Carol St. Clair. This new form would be 
used for power, gas and liquids transactions.

I believe that it could also be used for emissions and coal transactions

Jeff has already signed off on this new format.
----- Forwarded by Harry M Collins/HOU/ECT on 06/21/2000 09:24 AM -----

	Carol St Clair
	06/02/2000 06:24 PM
		 
		 To: Jeffrey T Hodge/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Harry M 
Collins/HOU/ECT@ECT
		 cc: Mary Tudon/HOU/ECT@ECT
		 Subject: Multi Purpose Form of Guaranty

Jeff, Stacy and Harry:
 We have developed a form of multi-product counterparty Guaranty that is a 
little different from our old form of counterparty Guaranty.  The main 
difference is the deletion of the 15 day cure period in Section 2.  Can you 
please take a look at this and let me know if you are okay with this as 
something credit can send to counterparties?
Thanks.
carol