Phyllis:
Our letter of credit person would be more comfortable if we deleted all of 
the language that makes the LC transferable.  Are you okay with that?  If so, 
are we ready to execute?

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com



	lemelpe@NU.COM
	05/30/2001 03:00 PM
		 
		 To: Carol.St.Clair@enron.com
		 cc: 
		 Subject: Re: LOC Form



Carol:  I understand that we are still reviewing the attachment that lists
the open transactions.  How are you making out on the revised version of
the LOC?