Gerald,
In response to AEC proposals and the sections with potential credit impact, 
please see below.

Subsection 4.2(ix)-  I will need to speak to their credit about this, but 
given the size of AEC in comparison to Enron, these amounts should remain as 
originally drafted.

Subsection 4.2(x)- This seems more a legal issue than credit issue, let me 
know your thoughts.

Section 4.6- I am OK with five business days.

Thanks
Russell



 -----Original Message-----
From:  Nemec, Gerald  
Sent: Thursday, March 08, 2001 11:59 AM
To: Diamond, Russell; Whitt, Mark
Subject: ENRON DRAFT ENFOLIO AGREEMENT AND COMMENTS

I am still working through these comments.  Let me know what you think.


----- Forwarded by Gerald Nemec/HOU/ECT on 03/08/2001 11:57 AM -----


	"Crawford, Ann" <AnnCrawford@aec.ca> 03/07/2001 07:47 PM 	   To: 
"'Gerald.Nemec@enron.com'" <Gerald.Nemec@enron.com>  cc:   Subject: ENRON 
DRAFT ENFOLIO AGREEMENT AND COMMENTS



Gerald,

Per the attached cover letter explaining AEC's requested changes, I attach
both a blackline copy and a clean copy of the edited agreement.  Please
comment asap on items regarding the bolded text in sections 3.2, 3.4 and
8.3.

Thank you,

Ann M. Crawford
Gas Marketing
Sr.Contract Administrator

Phone: 403-266-8425
Fax: 403-290-8479


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 - aecm.amc.ltr.enrn.doc << File: aecm.amc.ltr.enrn.doc >> 
 - DRAFT IN ENRN EDIT.doc << File: DRAFT IN ENRN EDIT.doc >> 
 - DRAFT IN ENRN EDIT C.doc << File: DRAFT IN ENRN EDIT C.doc >>