postbot/aeslc_kw huggingface dataset:
Subject: Brazil trip

Just to update you:  1.
I think that our travel plans are fairly well set and I know that Kaye  has spoken with you on several items.
2.
Mark wanted to be sure that in Sao Paulo, meetings were being scheduled  with outside counsel (which I believe Andrea is handling), with Randy Young  (can you attend to that please?)
and ESA necessary commercials (Andrea  handling?).
3.
Mark wanted to make certain that we got on Don Black's calendar while in  B.A.
Could you look into that as well?
For my own edification, who are Luiz Maurer and Orlando Gonzalez?
Please let me know if there is anything elso you need form me.
I'll bring you up to date on Hickerson shortly.
Thanks,  Sara
Subject: london prepay

Kaye:  I need for you to redline the first attached doc.
I have the markup  in my office.
I need to email it tonight.
Thanks.
Sara
Subject: SITA

Matt Dawson in London was inquiring about this agreement.
He'll want to know  when we are finished because he has a London paper trader nagging him.
SS
Subject: SITA master agreement with ECTRIC

I am finalizing the negotiation of the ISDA Master Agreement with SITA.
You  will recall that this is an ECTRIC; master NOT ENA.
SITA has (1) requested  evidence of EEFT's ability to sign for ECTRIC and (2) confirmation that "EEFT  is signing on the basis of their authority under the investment services  directive".
Would you please provide directly to SITA's lawyers as follows:  Susan Hopkinson and Sharon Lewis at Lovells in Paris:  susan.hopkinson@lovells.com
Subject: Oct 20 conversation with Bob Lampo of Salerno

Richard:  I don't know if you were copied separately on this message.
Can you send a  letter after Thanksgiving?
The first payment should come due the first week  in December.
Thanks.
Sara
Subject: SITA

Tanya:  SITA now insists on having the Termination Currency and the Contractual  Currency, except as otherwise agreed in any Transaction/Confirmation, as the  Euro.
They will not agree to USD.
[By the way, SITA's lawyers had already  agreed to USD]  Effectively, if we agree to this, the trader will need to  confirm each deal in USD (Contractual Currency) but if we early terminate,  the currency will be Euro's (Termination Currency).
What do you want to do?
Other than the Enron Corp. guaranty, we are finished.
Sara
Subject: prepay

Treasa:  Bob Bruce told me that there was no "swap" activity on the prepay  during my absence.
Houston is closed down until Monday, Nov. 27 for the Thanksgiving holiday.
Normally, I would ask Joe Hunter on the confirm desk to take a look at the  confirms.
I marked up the TD confirm to reflect my comments and provide an  attached "schedule" of volumes since I thought it would be easier for you to  match calc periods, volumes and rate payment dates.
Such a format has worked  well in other prepaid structures.
Subject: EnronCredit.com

Richard:  It was good to meet you this afternoon.
Attached is my Q&A for the traders  regarding  the U.S. concept of "Eligible Swap Participant".
Let me know if I  can be of further help.
Also, I asked Tana Jones to send you the link for our  Financial Trading Lotus Notes database.
Sara
Subject: Global Finance Deals:  year-end, quarter-end, year round

Tanya:  This year is no different from any other year and we are always asked to  review the swap component of the Global Finance structured deals.
We are  also seeing lots of prepays.
Who is the credit person to be apprised of these transactions?
Should we  immediately involve you and Bill?
At the moment, Mary Cook, Angela Davis (legal finance group) and I are  juggling the deals.
Please let me know and I'll alert the swap group.
Thanks.
Sara
Subject: APEA

Did you have your questions answered?
I have a voice mail from Philip Levy  and need to respond.
Please give me a call after Thanksgiving.
Thanks.
Subject: metals trading

Diana:   I negotiated the Enron North America Corp.  ISDA Master Agreement with the  "President and Fellows of Harvard University" (together with John Suttle).
Harvard is interested in metals trading.
What is the entity trading metals  (financial)?
Will you evaluate the credit?
Please let me know.
Thanks.
Sara
Subject: Credit Suisse Financial Products ("CSFB")

Susan:  CSFB had a name change earlier this year.
Can you please see that the blue  file is changed?
Also, please let the other paralegals know what to do in an  instance such as this.
Thanks.
sara
Subject: Terry B. Wilcock

I located a confidentiality agreement dated Dec. 16, 1998 with Terry B.  Wilcock re: proposed intro of ECT to certain Indian tribes, the doc signed by  Tom Gros.
Please call me in the morning and we can discuss.
SS
Subject: "Enovate" - 50/50 joint venture between ENA sub and Peoples Energy  Corp. sub

Mark:  Credit has asked us to pursue trading arrangements on behalf of Enovate.
At least for the short term, Mark Haedicke told Kay Mann that ENA legal  should handle Enovate legal work.
That work currently consists of  establishing documentation for financial trading with third parties.
It is  not clear what lawyers (ENA or Peoples) will draft/negotiate ISDA masters nor  have any forms been agreed (but Peoples' lawyers have seen our forms and I  have seen their forms which are poorly drafted).
Bill Bradford will have the  final word on Enovate credit.
Credit has asked us to track Enovate masters on our Lotus Notes database.
Do you need to follow up with Mark about us negotiating Enovate's master  agreements?
Or should we just handle as any other project?
Sara
Subject: Tennessee Valley Authority - ISDA Credit Worksheet

Please let me know who handles this one.
Our power trader is Joe Wagner  (X33143) and the draft should be emailed to John Porter:  japorter@tva.gov Joe would like an update.
John Porter will direct to a TVA lawyer.
Thanks.
Sara
Subject: ISDA confirmation template for a power transaction

Dennis:  Attached are two "templates" for power trades confirmed under an executed  ISDA Master Agreement, one is for a swap and the other for an option (cap or  floor).
Ignore the symbols and elections which are only to feed deal terms  into our confirmation system.
The specific terms of each trade (dates,  notional quantities, price indexes and pricing, etc.)
would be inserted into  the format.
I hope this helps.
Sara
Subject: Investment Technology Group Limited

Laurel:  Jason is ready to send comments on this agreement requested by John Greene.
Can you please provide Jason with the name, address, fax number of the party  with whom we should be communicating in order to negotiate this agreement.
If you need to speak with Jason, you can call him at (713) 220-4124.
Thanks.
Sara
Subject: Outstanding Guaranties

Clem:  After our legal credit meeting yesterday, we noted that the following  guaranties have not yet been executed:  Mieco Inc. Cinergy Marketing & Trading, LLC The Wiser Oil Company  Would you please let me know when these will be executed?
Thanks.
Sara
Subject: Southern California Water Company

Chris:  We need to discuss the alternative to SP-15.
Please see the redline  where I have incorporated a "Fallback Reference Price".
However, the  definition is still vague.
SS
Subject: Deutsche Bank ("DB")

Larry:  According to Steve Kessler (the DB lawyer in New York who is negotiating the  ENA ISDA Master), London e-commerce issues are normally handled ty the London  lawyer (Conrad Libischer at 44-20-754-52705).
If  NY trader is also  involved, then DB must decide on one lawyer to handle password application,  etc.
The ENA ISDA Master must first be approved by Frankfurt.
I don't know how  long this takes.
You may want to let the DB trader start the EOL process.
Thanks.
Sara
Subject: Alcoa and EWEB

ED:  (1)  The Alcoa lawyer wants to adopt the terms of the ENA/Alcoa Inc. master  for purposes of the December deal.
(2)  EWEB has requested the following provision:  DEFAULT RATE shall mean the lesser of (a) the per annum rate of interest  equal to the prime lending rate as may from time to time be published in "the  Wall Street Journal" under "Money Rates" on such day (or if not published on  such day the most recent preceding day on which published), plus two percent  (2%) but not to exceed in total fourteen percent (14%) annually, and (b) the  maximum rate permitted by applicable law.
Please let me hear from you.
Sara
Subject: Enron Corp. "forward template"

Bob:  Attached is a draft "forward template" for circulation by Enron Corp. to  potential counterparties.
I based the template on the Lehman Bros. forward  transaction (which I will fax to you separately).
Per our discussion, please  take a look at the template from Enron's viewpoint and suggest improvements,  comments, etc.
Enron Corp. has a potential counterparty in the wings and I  would like to send out the template tomorrowl  Please call me with your questions.
As always, thanks for your help.
Sara
Subject: EWEB ISDA Master Agreement/Confirmation

Jim:  I was hoping that we could speak sometime today as I will be out of the  office Dec. 7 and 8.
I would like to discuss your comments the Schedule and  receive your blackline to the Credit Support Annex.
I am available all day  except between the hours of 10 am - 2 pm (Houston time).
I look forward to  hearing from you.
Regards.
Sara
Subject: SITA

Mark:  I am about to finalize comments to the SITA Master ISDA Agreement on behalf  of ECTRIC.
I need your able assistance with respect to the following:  (1)  SITA has not passed a board resolution authorizing execution of the  Agreement.
Instead, SITA proposes a certificate stating that its President  Directeur General or Directeur General have, pursuant to the Articles of  Association, full power and authority to execute the Agreement or to grant a  power of attorney to do so.
(2)  SITA has requested evidence of EEFT's authority to sign on behalf of  ECTRIC.
I have sent a copy of the power of attorney to the lawyer and will  ask that she direct any questions to you if I am not reachable.
SITA's attorney is Susan Hopkinson at Lovells in Paris.
Her phone is 33153  674747 and fax is 33147 239612 and email is susan.hopkinson@lovells.com.
I will be out of the office Dec. 7 & 8.
Stephanie Panus if assisting with  the file.
I look forward to hearing from you.
Regards.
Sara
Subject: SITA Master Agreement

Susan:  A few items to follow up with:  (1)  I understand that you are finalizing the Enron Corp. guaranty with  Clement Abrams.
Please let me know when all is agreed and I will arrange  with Clem for an executed guaranty.
(2)  Stephanie Panus will fax to you the power of attorney for EEFT to act  for ECTRIC.
The acronyms will be obvious in the fax.
(3)  Euros are fine for Termination and Contractual Currency.
(4)  I am considering your proposed certificate in lieu of a board resolution  and checking your tax rep.
I will be out of the office Dec. 7 & 8.
You can contact Stephanie Panus in  my absence.
Regards.
Sara
Subject: Xerox Corporation

Lisa Palmer and I had a conference call with the Xerox lawyer and commercial  person.
The main issues are the following:  No CSA (claim to have over 40 ISDA Masters none of which contain CSA's!
and  not set up to handle collateral) Rating downgrade is a Termination Event.
(Maybe they'll agree to our posting  L/C's  MUST have cross-acceleration (POLICY).
Guess what else?
NO NETTING (can't handle netting internally)  Otherwise, Xerox is cool.
Subject: Tiger

FYI - I faxed latest CSA and correspondence to you for our conference call  tomorrow.
SS P.S.
Do you know what the problems are?
I haven't heard a word.
Subject: Bank of America - ISDA Credit Support Annex

All:  Enron's treasury group is reviewing some of the extremely high volume master  swap agreements to see if rehypothecation of collateral is an alternative.
The Bank of America ("BofA") agreement is an ISDA but the credit annex is our  old format.
BofA has agreed with Bill Bradford to replace the existing Annex  A (Collateral and Exposure Provisions) with the ISDA Credit Support Annex and  Paragraph 13.
Soma Ghosh is spearheading this effort and she may contact one  of you to assist in this effort.
I told Soma that credit would need to provide a credit worksheeet.
Thanks.
Sara
Subject: Instinet

John:  I just received the Instinet amendment to place additional access at Enron  House.
The "Equipment" is described as follows:  2 Additional Instinet Access ID    (GYO5, GYO6-OMS) - London, England  Please verify that this is what you need.
I can have this signed immediately.
Sara
Subject: Enron Networks brokerage accounts

Justin:  I am told by Theresa Brogan that Enron Networks requires an account with one  of the prime brokers frequently used by ENA and other Enron Corp.  subsidiaries and that you are handling this particular agreement.
ENA has  negotiated multiple accounts with Morgan Stanley & Co. Inc. and Morgan  Stanley & Co. International Limited (collectively, "Morgan").
We have an  agreed form of Customer Agreement with Morgan which has been easy to  duplicate for additional affiliates of ENA.
Also, we screen all agreements  through credit and risk control (since our resolutions for opening brokerage  accounts require dual signatures from both the Enron affiliate and risk  control).
I don't know what your procedure is in London but let me know if we can be of  any assistance.
Theresa is holding the docs until I hear back from you.
Thanks.
Sara
Subject: Bank of America Credit Support Annexe

Tana:  Here's the background info.
Do you want to prepare the ISDA CSA?
We  will also need an amendment to replace the old with the new.
I now need to  reread Tanya's message.
Sara
Subject: SITA

Stephanie:  Can we get the SITA blackline out today?
We should put ENE guaranty in line  for execution and let's push Clem for Friday at the latest.
Also, Matt Dawson has requested copy of latest docs AND he cannot locate the  executed P/A.
I think you should try tax.
Let me know if you need my help.
Sara
Subject: general issues

Tanya:  I've been meaning to touch base with you about:    In our form CSA, the Debt Rating Change is triggered ONLY off of S&P.
I  thought this was a carry-over from ENE's previous split rating.
Does credit  want to leave the trigger at "below BBB- by S&P" or also add in Moody's?
Thanks.
Sara
Subject: EWEB

Holli:  We need to talk about status.
I spoke yesterday with three EWEB lawyers and Dick Varner.
I have to comment back on the Schedule to the master agreement.
EWEB has not  yet reviewed the Credit Support Annex and needs to submit their proposed  legal opinion.
EWEB is reserving discussion of the confirmations pending  resolution of the master agreement.
Most important, however, is the EWEB legal opinion which will be limited by  the capacity of EWEB's traders to enter into financial trades at any given  point in time.
EWEB is insisting that we assume the obligation of knowing  whether an EWEB trader is authorized to act and how that EWEB trader is  authorized to act under EWEB's trading policy because, under Oregon law (and  the law of all states), financial trades executed by unauthorized persons  (employed by governmental entities) are completely void.
Your two trades (which began as physical deals and were transformed into  financial deals) were authorized by EWEB's recent board resolution.
However,  you cannot rely fully on this resolution for future trades.
Before you ever  trade with EWEB again, you will not be able to rely upon your past  relationship with an EWEB trader.
You will first have to conduct some due  diligence with respect to the EWEB trader and the EWEB trading policy.
ENA has never agreed to this type of arrangement.
Let's schedule a time to discuss the agreement further.
Thanks.
Sara
Subject: Morgan Stanley Capital Services Inc.

Aaron:  I spoke with both Matt Flett (Morgan counsel) and Denis O'Connell about the  ISDA already negotiated by EnronCredit.com Limited.
Each was supposed to  send me the draft docs for me to review and comment on for ENA.
I have not  received anything yet but will comment immediately upon receipt.
I'll keep  you up to date.
Sara
Subject: financial trading with governmental entities

Dana:  What would be a convenient time for us to chat briefly about the legal issues  associated with derivative transactions between ENA and  municipal/governmental counterparties?
Please let me know.
Thanks.
Sara
Subject: Rho/Drift/Benchmark & Hedge Management Fee

All:    To whom should Risk Management & Trading Corp. ("RMT") direct the swap  confirmation related to RMT's hedge management fee with Enron Nordic Energy  (Norwegian branch of Enron Capital & Trade Resources International Corp.)?
The previous transaction was dated February 24, 1999 and requires amendment.
Please let me know.
Sara
Subject: Rehypothecation amendments

Tanya and Tana:  I am attaching the following (see the Security Agreement Amendment) as an  example of what we did in the Chase amendment of the CSA.
Please note the  use of longer dated government securities.
I don't know what we want to use  with BofA.
Sara
Subject: Credit Derivative

David:  We are drafting a credit derivative confirmation in connection with one of  our year-end deals.
Will you or Jean be able to review the confirm with us?
I look forward to hearing from you.
Regards.
Sara
Subject: FX Product

Janine:  With respect to the attached (internal) FX product for EOL, I just wanted to  verify with you that internal counterparties should transact on EOL with:  (1)  RMT  (as principal for Houston FX desk)  (2)  EEFT as agent for RMT (as principal for London FX desk).
In this  regard, was the services agreement between ENA and EEFT ever extended to  include RMT for internal trades?
(3)  Enron Japan Corp. (as principal for Tokyo FX desk)  There appears to be some confusion since our meeting of November 3.
Thanks.
Sara
Subject: NY State Gas & Electric

Just got off the phone with the lawyer.
We have only minor comments and he  needs to check with his credit people regarding the collateral threshold.
I  will wait to hear back before sending out a revision.
Sara
Subject: Gulf Canada Resources Limited ("Gulf") sale to Renaissance

Rod Nelson in credit forwarded the Gulf request and attachments.
ECTC's  execution of the No Interest Letter is fine from a legal and credit  perspective.
I agree wtih your analysis.
Sara
Subject: Form of Guaranty

As both parties continue to explore the issues which we discussed yesterday,  would you like to send us Harvard's form of guaranty?
I will be out of the  office next week.
Thanks.
Sara
Subject: Power Trading Documents

Attached are the latest documents from the ECT power trading group.
The  documents distributed in March, 1999 were revised recently although no  redline is available.
There are no other forms currently in use.
I'll speak  with Elizabeth Sager about pending revisions.
Also, I will send to you both  my thoughts regarding an action plan for the coming months.
Let me know if  you need anything further and if I should be copying any business  people/legal on our e-mails.
Sara
Subject: Weekly Update of Southern Cone Master Agreements

I will begin circulating a list of ECT/ S. Cone Counterparty master swap  agreements.
Other than yourself, who else should receive these updates?
In  particular, I am thinking of commercials in BA and/or Sao Paulo.
Would you  encourage more frequent distribution?
Sara
Subject: Southern Cone Financial Master Agreements

Attached is the first report identifying financial master trading agreements  generated by ECT's derivatives legal group.
This report will be updated and  distributed weekly.
It only reflects documentation originated by Houston's  legal department and the status of negotiations.
If you have any questions,  please call me at 713/853-5620 or e-mail.
Thanks.
Sara
Subject: Brazilian Derivatives Issues

Under separate cover, I am faxing to you a copy of a "Table of Contents" for  a collection of memoranda on various Brazilian issues (physical trading,  derivatives, tax, etc.
which I have copies of.
I have also received from you  this morning the response of Antonio Felix et al to the inquiry of Gustavo  Junqueira.
It will become increasingly difficult to monitor our progress  with the Tozzini firm if the business people have direct contact with Tozzini  and bypass the Enron lawyers.
We will not be able to compile a comprehensive  review and the requests will become disorganized.
Requests for legal  research by Tozzini should originate with the Enron lawyers and be addressed  to the Enron lawyers.
We can then discuss conclusions with our business  people (and even meet together with Tozzini).
I hope that you concur with  this procedure.
If you do, I think that it would be more appropriate for you  to contact the Tozzini firm to convey the message (and also to our business  people).
Please call me when you are back in the Sao Paulo office if you have any  questions.
P.S.
I will prepare for you the "mini-book" containing the memoranda  referenced above.
Subject: ISDA Schedule for Argentina

Per our  conversation of date, attached is ECT's most recent version of the  ISDA Schedule and Credit Support Annex designed for use with Argentine  counterparties.
As we discussed, I would like for you to review this format  and determine whether changes are required as a result of legal developments  in Argentina.
Please call me when you have had an opportunity to review the  document.
We have had sent out several recent drafts using the attached  format.
Also, any written materials which might prove useful are always  greatly appreciated.
Thanks.
Sara  P.S.
I will try to schedule some time when I am in the B.A.
office.
Subject: Master forms

Via fax, I am sending to you the new and old Annex A forms and a variety of  new and old option (cap,floor, call,put,collar) formats.
Per our earlier  conversation, I would truly appreciate your input.
The fax is about 40  pages.
Sara
Subject: Tiger

I just spoke with Miriam Radich (Tiger's lawyer) and advised her of ECT's  name change effective 9/1/99.
She advised that she will revise our docs  TOMORROW.
Also, we will send a new blackline guaranty to Tiger (terms  previously agreed) to reflect name change.
Per:  It may take several days to have the guaranties executed by Corp.  You  need to give Marie advance notice on that front.
SS
Subject: Duke Energy International LLC

Marie will verify this information first thing in the a.m.:  The Duke master is dated August 16, 1999.
It was sent for execution (to  Carol Graebner in Houston) on August 18, 1999.
I cannot verify whether  execution copies have been received by ECT.
Sara
Subject: Financial Trading Issues in Brazil

Although I am still waiting for another Brazilian visa, I would like to pose  several potential dates to meet with you regarding Enron North America Corp.  trading issues.
I am presently considering several time periods:    September 9,10, 12-17,19-24  Obviously, I can be available at any time during the month of Septermber as  well as future months.
But I would like to get started as soon as possible.
If you could kindly e-mail or call me (713/853-5620), I can elaborate  further.
Thank you.
Sara
Subject: Duke

A copy of the 8/31/99 letter from Erik Ludtke was received at 18:10 on fax  no.
"713 646 4818" addressed to the attention of "Assistant General  Counsel".
This would conform to notices in the master agreement (for  Sections 5 and 6), an executed copy of which we have never received or seen.
On a different matter, do you think that we can discuss the omnibus templates  tomorrow?
I am pressed for a response.
SS
Subject: Rotation of Confirmation Desk Calls

Effective immediately, all questions from the confirmation desk to legal  should be routed to a designated paralegal on a quarterly basis (with the  exception of the very first rotation) as follows:  Susan Bailey - X34737  September 1, 1999 - December 31, 1999 Susan Flynn  -  X30975                    January 1, 2000       - March 31,  2000 Marie Heard -  X33907                     April 1, 2000             - June  30, 2000  You will be advised of subsequent rotations.
Please do NOT route calls to  Tana Jones who will be spending most of her time working on special projects  for our group.
This procedure should not affect any existing arrangements you may have with  a particular attorney.
Please contact me if you have any questions.
Sara