Collateral Arrangements.
Counterparty shall (at Enron=01,s request) either:=  (i)=20 within one Business Day of such request by Enron, provide to Enron a letter= =20 of credit in respect of Counterparty's obligations under any Transaction, i= n=20 such form and for such amount and from such issuer, as is acceptable to Enr= on=20 in its absolute discretion; or (ii) within such period as is specified by= =20 Enron, provide for the benefit of Enron a parent company guarantee in such= =20 form and for such amount as is acceptable to Enron in its absolute=20 discretion.
Failure so to provide such letter of credit or parent company= =20 guaranty shall constitute a default hereunder giving rise to the immediate= =20 right of termination by Enron under this GTC.

Credit Language
Collateral Arrangements.
Counterparty shall (at <COMPANY>=<NUMBER>,s request) either:= (i)=<NUMBER> within one Business Day of such request by <COMPANY>, provide to <COMPANY> a letter= =<NUMBER> of credit in respect of Counterparty's obligations under any Transaction, i= n=<NUMBER> such form and for such amount and from such issuer, as is acceptable to Enr= on=<NUMBER> in its absolute discretion; or (ii) within such period as is specified by= =<NUMBER> <COMPANY>, provide for the benefit of <COMPANY> a parent company guarantee in such= =<NUMBER> form and for such amount as is acceptable to <COMPANY> in its absolute=<NUMBER> discretion.
Failure so to provide such letter of credit or parent company= =<NUMBER> guaranty shall constitute a default hereunder giving rise to the immediate= =<NUMBER> right of termination by <COMPANY> under this GTC.
ii period specified shall constitute request provide company letter default collateral arrangements counterparty hereunder giving rise number form acceptable day