FW: Natsource-Tullet BETA ,
 Please send asap.  I need to close this now.  Thanks 
Call me 30397

 -----Original Message-----
From:  "Goldsmith, Ian" <IGoldsmith@NatSourceTullettEurope.com>@ENRON 
[mailto:IMCEANOTES-+22Goldsmith+2C+20Ian+22+20+3CIGoldsmith+40NatSourceTullett
Europe+2Ecom+3E+40ENRON@ENRON.com] 
Sent: Wednesday, June 06, 2001 4:18 AM
To: Shults, Bob
Subject: RE: Natsource-Tullet BETA

Hi Bob
I am ready to sign here
I was waiting to get the LOC's sorted first but my NewYork tell me to go
ahead and sign,please send hard copy of docs if ok with you ??
Regards
Ian

-----Original Message-----
From: Bob.Shults@enron.com [mailto:Bob.Shults@enron.com]
Sent: Tuesday, June 05, 2001 7:31 PM
To: Goldsmith, Ian
Cc: Tana.Jones@enron.com; Mark.Greenberg@enron.com
Subject: RE: Natsource-Tullet BETA


Hi Ian,

Any luck on letter of credit?  Is there anything we can help with on our
side?  We are very keen to close this transaction in the next two weeks if
possible.

Call me at 713 853-0397 if you have any questions.  I will call you
tomorrow to touch base.  Mark can handle any legal issues.

Thanks

    -----Original Message-----
   From:   "Goldsmith, Ian" <IGoldsmith@NatSourceTullettEurope.com>@ENRON

[mailto:IMCEANOTES-+22Goldsmith+2C+20Ian+22+20+3CIGoldsmith+40NatSourceTulle
ttEurope+2Ecom+3E+40ENRON@ENRON.com]


   Sent:   Wednesday, May 30, 2001 3:57 AM
   To:     Greenberg, Mark
   Cc:     Shults, Bob; Jones, Tana
   Subject:  RE: Natsource-Tullet BETA

   Hi Mark
   Thanks for your mail
   I have no problems with the new clauses 4 (f) and (h) .
   I will arrange for Natsource LLC alter the letter of credit to send a
   letter
   of guarantee
   I will then be  ready to sign the paper work and get going.
   Thanks for your help
   Ian



   ----Original Message-----
   From: Mark.Greenberg@enron.com [mailto:Mark.Greenberg@enron.com]
   Sent: Tuesday, May 29, 2001 8:34 PM
   To: Goldsmith, Ian
   Cc: Bob.Shults@enron.com; Tana.Jones@enron.com
   Subject: Natsource-Tullet BETA


   Mr. Goldsmith -

   I have attached below a copy of the updated BETA reflecting the changes
   you
   proposed earlier. I have added some language to your proposals, but have
   kept the intention intact.

   The only additional comments that I will make are that Enron will
   require
   (a) a confirmatory letter from Natsource LLC that the LC posted by
   Natsource will be applicable to Natsource-Tullet (in essence a guarantee
   letter) and (b)  if an LC has already been posted, it will need to be
   modified so that it will reflect the ability of Enron to realize under
   it
   for Natsource-Tullet.  If no LC has been issued, this latter point will
   need to be handled in any LC issued.

   Please take a look at the attached and let me know if anything further.
   I
   will be checking with our personnel to confirm that Natsource LLC does
   not
   have to be a signatory to this BETA.

   (See attached file: beta-natsource-tullet(draft5-29-01).doc)

   Mark
   Senior Counsel, EWS
   Phone:     713-345-8897
   Facsimile: 713-646-3490
   E-Mail:      Mark.Greenberg@enron.com
mark.greenberg@enron.com