IN: This is an email
I wanted to let you know I am currently negotiating two Master Gas Agreements with TransCanada for the two entities listed above. As previously discussed, credit suggests increasing TransCanada Pipelines Ltd.'s guaranty to $50MM and decreasing Enron's to the same amount. Have you discussed TransCanada's guaranty? Is $50MM large enough to cover your agreement? Veronica Espinoza(66002) in credit is working with me on guaranty issues. Finally, did you receive copies of Enron's and TransCanads's guaranty? If not, let me know I will fax same. Their guaranty expires the end of this month. Regards,

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OUT: TransCanada Energy Marketing USA / TransCanada Gas Services, Inc.

IN: This is an email
Per our discussion, I've modified the letter to remove reference to the monthly pack agreement and made a couple of other minor changes. I wasn't able to get ahold of Bill on Friday afternoon to discuss who will sign, so for now I've left it with signature blocks for Bill and Rod only. I hope we are getting closer to the target here and look forward to discussing it with you further on Monday. Thanks again for the illumination on AA's intent on the earlier draft. DF

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OUT: Mgt Rep Ltr

IN: This is an email
Happy New Year Dan! Just checking to verify that you received the order form that I faxed to you on December 18. Please confirm. Also, we brought a bottle of Freestone Hill to Pappas Steak House (on New Year's Eve) for everyone to try. The sommeliers raved. Regards. Sara

What is the subject?

OUT:
Wine Order Form