IN: This is an email
Clement: We are trying to finalize our ISDA with Deutsche Bank. In the Guaranty where  we have the setoff and counterclaim language they want to add a proviso that  basically states that Enron Corp. would be entitled to get the benefit of the  rights, setoffs, counterclaims and other defenses that ENA is entitled to  only to the extent taht it would have had the benefit of those rights if it  were the direct counterparty. I think that I am okay with this but wanted  your input. Let me know what you think. Thanks. carol 

What is the subject?

OUT: Guaranty Issue

IN: This is an email
Mark Taylor has asked me to forward the attached email to each of you. Per  Mark's direction and the email, we need to sign off, from a Legal (not  business) perspective only, on the attached descriptions of the 12 product  areas to be traded online. So far we have only received 5 of the referenced  12 descriptions. I will forward the additional descriptions to the relevant  Legal group when I receive them. Per the attached email, Awais needs our  Legal sign off by Friday. I understand Alan may be out for the rest of the week so the attached  descriptions on Coal, SO2 and NOX will need to be approved by someone else in  his group. I'm not sure who that would be. Could you let me know? Mark  asked if Shari and Sara could sign off on the weather and pulp & paper  description for our group. Thanks for your help! 

What is the subject?

OUT: EnronOnline Market Descriptions

IN: This is an email
Brent:  I wanted to inquire about SMUD. After the legal/credit meeting, it  sounded as though special deal language was going into the Schedule as  opposed to the confirm for the Transaction. Thanks. Sara 

What is the subject?

OUT:
SMUD