At Mark's request, I am transmitting proposed changes to the collateral=20 arrangement language in the Online GTC's.
Please let me know if it meets= =20 with your approval.
8.
Collateral Arrangements.
Counterparty shall (at Enron=01,s request) fr= om=20 time to time and at Enron=01,s option either:  (i) within one Business Day = of=20 such request by Enron, provide to Enron a letter of credit in respect of=20 Counterparty's obligations under any Transaction, in such form and for such= =20 amount and from such issuer, as is acceptable to Enron in its absolute=20 discretion; or (ii) within such period as is specified by Enron, provide fo= r=20 the benefit of Enron a guaranty from a party, in such form and for such=20 amount as is acceptable to Enron in its absolute discretion.
Failure so to= =20 provide such letter of credit or guaranty or any default under such letter = of=20 credit or guaranty shall constitute a default hereunder giving rise to the= =20 immediate right of termination by Enron under this Transaction.

Revised Online Collateral Arrangement Language
At Mark's request, I am transmitting proposed changes to the collateral=<NUMBER> arrangement language in the Online GTC's.
Please let me know if it meets= =<NUMBER> with your approval.
<NUMBER>.
Collateral Arrangements.
Counterparty shall (at <COMPANY>=<NUMBER>,s request) fr= om=<NUMBER> time to time and at <COMPANY>=<NUMBER>,s option either: (i) within one Business Day = of=<NUMBER> such request by <COMPANY>, provide to <COMPANY> a letter of credit in respect of=<NUMBER> Counterparty's obligations under any Transaction, in such form and for such= =<NUMBER> amount and from such issuer, as is acceptable to <COMPANY> in its absolute=<NUMBER> discretion; or (ii) within such period as is specified by <COMPANY>, provide fo= r=<NUMBER> the benefit of <COMPANY> a guaranty from a party, in such form and for such=<NUMBER> amount as is acceptable to <COMPANY> in its absolute discretion.
Failure so to= =<NUMBER> provide such letter of credit or guaranty or any default under such letter = of=<NUMBER> credit or guaranty shall constitute a default hereunder giving rise to the= =<NUMBER> immediate right of termination by <COMPANY> under this Transaction.
mark request transmitting day default letter number proposed changes collateral arrangements counterparty hereunder giving rise shall constitute let know language online gtc