Sorry, I've been tied up all day.
Rod and I just spoke and he is thinking  about the NAV issue.
Regarding setoff, we can agree to Tiger's language BUT credit will not permit  ENA affiliates to trade with Tiger.
That's your issue.
Will you agree.
We will not agree that all collateral be held in NY.
There is still an issue about Relevant Price and the possibility of fewer  than three dealers.
We cannot finalize L/C and MAC issues until we see Tiger's redraft which we  have not received.
Let's talk.
ss

Tiger

Sorry, I've been tied up all day.
Rod and I just spoke and he is thinking about the NAV issue.
Regarding setoff, we can agree to Tiger's language BUT credit will not permit <COMPANY> affiliates to trade with Tiger.
That's your issue.
Will you agree.
We will not agree that all collateral be held in NY.
There is still an issue about Relevant Price and the possibility of fewer than three dealers.
We cannot finalize L/C and MAC issues until we see Tiger's redraft which we have not received.
Let's talk.
ss
collateral held issue regarding setoff received let talk language credit permit ny tied day rod affiliates trade tiger finalize mac issues