Stephanie:
This is okay with me.

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



	Stephanie Panus@ENRON
	05/29/2001 08:09 AM
		 
		 To: Carol St Clair/HOU/ECT@ECT
		 cc: 
		 Subject: RE: Maclaren/ENA ISDA Master


Carol,
See attached from Maclaren re: process agent.

----- Forwarded by Stephanie Panus/NA/Enron on 05/29/2001 08:09 AM -----

	MAkkawi@torys.com
	05/27/2001 11:44 AM
		 
		 To: Stephanie.Panus@enron.com
		 cc: ginebert@energiemaclaren.com
		 Subject: RE: Maclaren/ENA ISDA Master

Hi Stephanie,

Maclaren doesn't have an entity which can act as a process agent in the US.
How about this as a suggestion:

"(c) Process Agent.  For the purpose of section 13(c) of this Agreement:

Process Agent for Party A shall be its legal officer at its address for
notices or, in his or her absence, any other senior officer of Party A at
such address.

Process Agent for Party B shall be its legal officer at its address for
notices or, in his or her absence, any other senior officer of Party B at
such address.

For purposes of this Part 4(b), a "senior officer" shall be any officer of
such party with a title of vice president or higher."

Regards,
Michael

-----Original Message-----
From: Stephanie.Panus@enron.com [mailto:Stephanie.Panus@enron.com]
Sent: Thursday, May 24, 2001 5:36 PM
To: MAkkawi@torys.com
Subject: RE: Maclaren/ENA ISDA Master



Michael,
Attached for your review are clean and blacklined copies of the ISDA Master
Agreement.  Also attached is a proposed Amendment to the Enron Corp.
Guaranty.  If the attached meet with your approval, we will proceed with
the execution copies (pending completion of the Process Agent info).

(See attached file: maclaren ISDA 5-24.doc)(See attached file: MACLAREN
ISDA 5-24 RED.DOC)(See attached file: enron maclaren amend guaranty2.doc)


 

                    MAkkawi@torys

                    .com                 To:     Stephanie.Panus@enron.com

                                         cc:

                    05/24/2001           Subject:     RE: Maclaren/ENA ISDA
Master                                 
                    09:54 AM

 

 




I have asked Maclaren for one in NY, and will get back to you.  Do you have
a Process Agent in Quebec, as it doesn't help Maclaren that yours is in
Washington?

As I understand it, there are no outstanding issues - the credit issues
have
been resolved (I guess you have received this update since you are
preparing
the final drafts).  Once we clear the Process Agent point, the documents
can
be executed.

Regards,
Michael

-----Original Message-----
From: Stephanie.Panus@enron.com [mailto:Stephanie.Panus@enron.com]
Sent: Thursday, May 24, 2001 10:26 AM
To: makkawi@torys.com
Subject: Maclaren/ENA ISDA Master


Mike,

Can you supply me with the Process Agent information for Maclaren?  We are
preparing a final draft of the ISDA Master Agreement.

Thanks,
Stephanie Panus
Sr. Legal Specialist
Enron North America Corp.
1400 Smith Street, EB3806
Houston, Texas  77002
ph:  713.345.3249
fax:  713.646.3490