postbot/aeslc_kw huggingface dataset:
Subject: Hidroelectrica Diamante SA

Pat, your credit worksheets reflect ENA posting cash.
Is this a mistake?
I am trying to revise these draft masters and then I will tackle TGS.
I still have severe laryngitis so I cannot speak but I can communicate via  e-mail or a paralegal.
Thanks.
Sara
Subject: So. Cal. Water

Chris:  Please call.
The parties need to exchange documents and the boilerplate  (which we are unable to send) requires execution.
If you must trade today,  we could exchange fax signatures and your counterparty can fax evidence of  authority to enter into the master and transactions.
In any event, we need to execute duplicate originals, one for each party.
Sara
Subject: Southern California Water Company

Sam:  We need to send an execution package Fed Ex for Tuesday morning delivery.
The file is in my office as I need to speak with these guys on Monday.
Chris  Foster is the Enron contact in Portland.
Thanks.
Sara
Subject: Enron Forward/Assignment confirms

Kaye:  the attached "Enron forward" document below needs to be compared against the  "forward template" that you saved in my directory today (confirms/equity).
I  have an 11 a.m. meeting with Clint et al on Monday.
I'd like to have the  comparison before the meeting, if possible.
Please let me know if this is  possible.
Sara
Subject: Amendment of Chase/ERMS ISDA dated April 5, 1994

Phil:  I was just checking to see when we would execute the amendment to the  Security Agreement (to permit the rehypothecation of securities).
Please let  me hear from you.
Regards,
Subject: meeting re: Tozzini memo

OK, let me try to catch up here.
Brent may not get my e-mail for awhile.
I  believe that he is in Houston today on personal business and will stay until  the conclusion of the ENA legal conference which is Th & Fr next week.
What  is your availability on Mon or Tues next week?
I will try to put something  together (at least you and I can have a game plan so that we can plan our  next visit to SP).
This voice stuff is a bummer.
Sara
Subject: EWEB's comments to the Credit Support Annex

Holli:  I have still not received the above-mentioned comments.
I have also not  received EWEB's proposed form of legal opinion.
I will go ahead and  blackline the Schedule once again.
When the lawyers last spoke, we agreed to execute all docs prior to the end  of the year.
Would you please call EWEB and inquire about these items?
Thanks.
Sara
Subject: EWEB

ED:  A second EWEB question:  EWEB wants the definition of "Applicable Rate"  to remain without changing to  the Non-default Rate if the payee is the defaulting party.
They say they  must have a "balanced rate".
Please let me hear from you.
Sara
Subject: So. Cal. Water

We need to send today BUT we need an immediate cover letter (itemizing every  step to be taken) and sample resolution format to email to the counterparty  and lawyer.
I'll review the letter.
I have an 11 am meeting but should be  back in an hour.
Let me know if you have questions.
Sara
Subject: Tiger

Just got your voice mail.
I have severe laryngitis and I cannot use my voice  today or tomorrow.
Sorry.
We can e-mail or speak through Marie.
Yes, we have a blackline.
Marie has finished going through it and I need to  review (the lawyers blacklined the latest version over the second blackline  so we had to revert to a comparision to the first blackline!).
Re: the  credit support annex, I believe all is resolved.
However, I believe there is  still an L/C issue.
If there is an L/C default (say the issuer is  downgraded), Tiger is insisting that we post cash immediately without the  right to post a  substitute L/C within two days.
I am not absolutely certain  of this, but Carol has a 2 pm call with the lawyers and I will listen.
I  don't know if Tiger responded to our guaranty.
I was out sick yesterday.
Hope this brings you up to date.
SS
Subject: Where do I send your holiday card?

Sam:  Don't you have a new address by now?
I remember you said that you were  moving into a plush high-rise overlooking the great southern city of Atlanta,  home of the Peach Bowl!
Please email me and let me know.
A belated thanks for the birthday card.
I had a fabulous birthday in Napa  Valley at Auberge d'Soleil with my little sister and friends.
We drank  wonderful wines and dined in great restaurants - and had great weather.
Hope you're doing well.
Have you started any new business ventures?
Maybe taken Wendy's to Amelia  Island Plantation?
Or better yet, purchased the water rights to Palm Springs?
I'm just hangin' in Houston, same old job, etc.
I joined my two friends  Monty and Keith for our annual birthday celebration at Galatoire's about two  weeks ago.
It's always great fun.
I think I get to plan a reunion of  Gordon, Arata et al ex-pats.
There are about thirty of us scattered around  the country.
My regards to Beverly and Helen.
Sara
Subject: CSFB/ENA Master Agreement

I am looking for this blue file for a year-end negotiation with CSFB/Enron  Corp.
Does anyone have this file?
Please let me know ASAP.
Thanks.
Sara
Subject: Reference Market - makers

Jim:  In connection with our disussion regarding Market Quotation and "Reference  Market - makers" in the Schedule (specifically Enron's request to delete  clause (b) to the Section 12 definition), I am advised that it would be  difficult to locate four leading dealers with offices in the same city.
With  respect to the outstanding trades, for example, we would like to know which  city has  four leading dealers  for quoting Mid-Columbia prices?
Please let  us know.
Thanks.
Sara
Subject: Tuscon Electric

FYI  Susan Flynn sent a draft of this ISDA on 5/11/00.
Credit will be sending a  new credit worksheet shortly.
We'll need to create a new draft.
Sara
Subject: UBS

Christine hasn't reached David Kelly but is trying to meet with him today.
I  need to send comments but I was hoping to speak with V&E first.
Jim is available in the am.
Jim has not heard from CSFB.
Subject: CSFB

Jim:  I have not seen any Enron Corp./CSFB agreements.
ENA has two different agreements with CSFB:  (1)  ISDA dated4/21/93.
This had:  NY law, submission to non-exclusive  jurisdiction of NY courts/waiver of objections to venue, limitation of  liability  (2)  Futures Agreement dated 9/21/00.
This had:  NY law, arbitration,  limitation of liability
Subject: UBS conference call on Thursday

Christine Lee has arranged for the UBS lawyer, David Kelly, to be available  for a  conference call on Dec. 21 at 9 a.m. HOUSTON TIME (10 a.m NY TIME).
Enron will call Christine at UBS.
Christine has discussed our document  (markup of forward confirmation emailed to everyone on 12/19/00) with the  lawyer.
Jim:  Can we get your small conference room?
Sara
Subject: Enron Corp. forward transactions

Clint Freeland (who is trying to remain optomistic) would like to have  signature pages for the forwards executed prior to final negotiation.
We are  drafting Bear.
We can print signature pages for CSFB and UBS which are on  single pages.
Lehman will be emailed (I think) tomorrow.
Please follow up with me please.
Thanks for your help.
Sara
Subject: EWEB Schedule to the Master Agreement

Jim:  Attached is a revised Schedule.
We have accepted most of your changes.
I  believe that the outstanding issues include:  1.
Please note the revised Threshold which we previously discussed.
2.
We accepted Portland as a forum for arbitration.
3.
We need to discuss your invoicing procedure.
4.
We are waiting to comment back on the revised reps pending receipt of the  CSA and legal opinion.
5.
We have added some language to the recording provision to acknowledge  internal recording destruction policies.
6.
We have not revised the Reference Market-maker provision.
Have you had a  chance to consider my email of 12/19/00?
Please let us know when we will receive the remaining documentation so that  we can finalize our negotiations.
Regards.
Sara
Subject: "Ernie" seminars

I would like to sign up for the following presentations:  (1)  Power Marketing - Structuring Power Transactions on November 10 and 11 (2)  Fundamentals of Corporate Finance on  December 2  Please let me know.
Thanks.
Sara
Subject: Bear Stearns & Co. International Limited forward with Enron Corp.

Ken:  Please let me hear from you as soon as possible today.
I will not be in the  office on Friday, Dec. 29.
In connection with the blacklined confirmation which we discussed yesterday,  please   (1)  verify that there are no changes (or if there are changes, we need to  discuss)  (2)  provide Bear's information for Paragraph 8 (Offices)  (3)  advise if you wish for us to finalize the document or if you would  prefer to do so  We would like to exchange faxed signatures today, if at all possible.
Thanks.
Sara
Subject: EWEB MAC

ED:  EWEB has requested a blackline of the ISDA and is ready to sign next week.
Your MAC references the "Electric System" which is defined in the Bond  Indenture which I sent to you earlier today.
It looks to me like the  Electric System includes physical and intangible assets acquired by the Board  as a separate utility system, including generating and transmission  facilities and the Trojan Project (not sure what this is).
I've asked  Stephanie to revise our docs to incorporate these definitions.
Please review  the CSA when Stephanie sends it to you (and comment) and I can send first  thing on Tuesday.
Thanks.
Sara  Stephanie:  Please send Ed a copy of the blacklined CSA when you are done.
Subject: bond counsel opinion

Dick:  Sorry that I didn't have a chance to call you again today.
After reviewing  the appendix (Board resolution summary), I would like to request an opinion  from EWEB's bond counsel that swap/other transaction payments are payable  from the Operating Fund (together and in parity with other operating costs)  and precede EWEB's debt service payments.
Also, can you please describe EWEB's Master Resolution (relevant to long term  bonded indebtedness) as this is to be referenced in Larry Cable's legal  opinion.
I will be back in the office on Tuesday, Jan. 2.
Have a happy new year.
Thanks.
Sara
Subject: Finalization and Execution of ENA/EWEB documentation

All:  Following is a list of outsanding items:  (1)  ISDA Master Agreement (Schedule and Credit Support Annex)         I need to better understand EWEB's proposed settlement language.
ENA  generally sends an invoice when the counterparty owes a payment (but not   when ENA owes a payment).
The invoice reflects the outstanding transactions  for a given Calculation Period and the net amount owed.
ENA can   generate  this invoice in all cases.
Does EWEB intend that BOTH parties always send  reciprocal invoices?
Is is necessary that the Calc Agent ALSO  make a phone  call?
What does EWEB's language "separate invoices and documentation  covering each Transaction sufficient to permit the other   party to comply  with its interanl accounting and record keeping procedures concerning  individual Transactions" mean?
Please call me to resolve.
When can we execute?
(2)  Cable Huston legal opinion:  please add   (1)  opening paragraph:  "(iii)  the Confirmations for Transactions ENA  Contracts Nos.
447459.02 and 447459.4 each dated October 30, 2000 ..."   (2)  Paragraph 12 prior to the period in the first sentence:  "as  those  terms are defined in the Master Resolution adopted by the EWEB Board on June   16, 1986, as supplemented"  (3)  the two (2) confirmations  These require execution by EWEB.
When will this be done?
(4)  Bond Counsel opinion  Dick, I sent you  an email on Friday.
ENA is pleased to discuss with your  counsel.
Please refer to Larry's legal opinion:  the deleted Paragraph 10   of the December 21, 2000 draft and the Paragraph 12 of the  December 30, 2000  draft for the type of information requested.
Please let me know if I have left out any items.
I would like to finalize  documentation today.
Regards.
Sara
Subject: UBS AG

LaureL:  Please let me know where you end up (ENA, Enron Corp., ECT  Investments) so that I can be clear in Lotus Notes and the files for future  reference.
Thanks.
Sara
Subject: Amendment of Chase/ERMS ISDA dated April 5, 1994

Phil:  Happy New Year!
And back to old business.
ENA is holding the amendment pending receipt from  you of the attached Exhibit A (describing the collateral).
I had previously  left you a message but I'm sure it was lost in the year-end madness.
Please  forward the attachment so that we have a complete document.
Thanks.
Sara
Subject: Amendment to Security Agreement to ISDA Agreement between ENAC and  Chase

Stephanie:  I have reviewed the attachment and it is correct.
We should attach and  return one to Phil.
We need one copy for the file, credit and Soma.
I'm not  sure who else might need but we can check with Soma.
Sara
Subject: So Cal Water

Chris:  I checked with Samantha.
The counterparty is holding two orignal ISDA  documents (complete with boilerplate and Schedule/CSA) and ENA resolutions  (in the form of unanimous consents) and incumbency.
Sam will check on the  ENE guaranty.
There is nothing more that we can do unless you want us to call the  counterparty/lawyer.
Please advise.
Sara
Subject: Sample Forward Confirmation

Terry:  Clint Freeland asked that we resend our forward confirmation template to  you.
It is attached below.
Also, we will send a draft of our ISDA Master Agreement (Schedule only,  no  boilerplate) to you shortly.
Can you provide me with the name of your  attorney so that we can email directly?
It seems that Enron North America  Corp. is currently negotiating an ISDA with First Union National Bank and  sent a new ISDA draft to the attention of Delene Travella on 11/08/00.
There  may be an efficient way to handle both master agreements simultaneously.
I look forward to hearing from you.
Regards,
Subject: Tractebel Energy Marketing, Inc.

Attached is my redraft of the confirmation.
Janelle needs to fill in some  gaps and I have left her a voice mail.
Please comment.
Sara
Subject: Meeting at Enron to discuss outstanding files

Jason:  I would like to meet with you on January 8, 9 or 10 to bring Cheryl  Nelson and me up to date on the remaining files so that Cheryl can take these  back.
Please call me when you are back in the office.
Hope you had a great  New Year!!!!!!!!
Sara
Subject: Revision to Schedule

Dick:    After our conversation, I spoke with our settlements people again who  requested an EWEB invoice when Enron owes money to EWEB.
I propose that we  add a section to the Schedule entitled "Accounts" (Part 3(h)) as follows:  "Prior to each payment date for any Transaction, Party A (ENA) shall provide  Party B with an invoice reflecting the net payment owed by a party.
Notwithstanding the foregoing, Party B shall provide Party A with an invoice  prior to any payment date on which Party A owes a net payment to Party B.
With respect to all payments hereunder, and except as otherwise directed in  writing, the parties shall comply with the following payment instructions:  [bank, account no., ABA no.]"
Please provide me with EWEB's account data and let me know if you have any  comments.
I'll send the blackline immediately after I hear from you.
Also, I have not received EXECUTED CONFIRMATIONS.
Have these been sent to  anyone at Enron?
Sara
Subject: Wine Order Form

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
Subject: Goldman, Sachs & Co. - Electronic Trading Agreement

Earlier this year, I negotiated this agreement with GS&C.
I cannot locate  the agreement so GS&C is sending a copy.
The Enron party is ENA.
We now  need to amend the authorized trader list which I will email to you.
ENA's  use of GS&C's platform is for trading US treasuries, agencies, money market,  corporates, JGB's.
We need to:  (1)  remove Harry Arora (who was the sole authorized trader)  (2)  add the following:       Darren Delage    Shane Dallmann    Ellen Su    Pushkar Shahi    Gary Hickerson  THIS IS A VERY HIGH PRIORITY FOR GARY AND WE SHOULD TRY TO COMPLETE TODAY.
Subject: New York State Electric & Gas ("NYSEG")

Tom:  I'm trying to finalize the ISDA Master Agreement with these guys.
We have  one issue:  If there is a long-term market disruption event (i.e.
over 3 days), and we  have no fallback price, then we negotiate a price and ENA would normally  obtain 2 quotes and average them.
Our position is that we prefer to obtain  the quotes because if a disruption were to occur, we would obtain quotes for  hundreds of deals in the same manner (because our agreements will all have  the same provisions) and it is possible that 4 quotes may not be available.
NYSEG would like for each of ENA and NYSEG to obtain 2 quotes and then  average the 4 quotes.
Are you agreeable to this?
Sara
Subject: Financial trading - ENA's "long form confirmation"

Below is a document containing "General Terms and Conditions" which is ALWAYS  attached to a financial confirmation when the parties have no executed master  agreement.
If Ed, Tracy or someone in credit needs to add credit to the  transaction, then we ALSO attach an Annex B (counterparty specific credit  provisions),  Annex B-1(collateral and exposure provisions) and a letter of  credit format.
I am only attaching the General Terms and Conditions.
Let me know if you still want to see the ISDA Master Agreement (preprinted  boilerplate consisting of an agreement and Credit Support Annex which I  cannot email) together with a sample Schedule and Paragraph 13 to the Credit  Support Annex (which are the two "customized" pieces negotiated by legal) .
Thanks.
Sara
Subject: lotus notes read-only access

Tana:  Mike E. Kelly (mid market power) would like access to the database.
Would you please request?
Maybe some of the other power traders are interested.
Thanks.
Sara
Subject: Details on Enron North America

Per the voice and emails left for Gareth Bahlmann, you may direct ISDA  documentation to my attention.
Enron North America Corp. is the legal entity.
You may use the address information below.
Our ISDA template will provide  notice information pursuant to Paragraph 12 of the multicurrency form.
You  may use me as a contact lawyer initially; the transaction lawyer should  contact you shortly.
Subject: Enron North America Corp. ("ENA") - General Terms and Conditions  ("GTC")

Marcia:  Mike Kelly asked that I send you a copy of our GTC's for financial trades  which must be attached to all confirmations (in the absence of an executed  ISDA Master Agreement).
ENA has been using these GTC's for quite some time.
Please let me know if you have any questions.
Sara
Subject: FPL Energy Power Marketing Inc. ("FPL Energy")

Russell:  I just received a call from the lawyer for Florida Power & Light Company, the  regulated utility.
He told me that he was sending over ISDA documents for  FPL Energy, the unregulated trading arm of the utility.
Will you be handling  credit on this one?
Sara
Subject: SO2 emissions confirmations

Marcus:  DTE Energy Trading has told us that they have executed emissions confirms  with ENA.
I am trying to review the GTCs that are sent out when these  transactions are done.
Can you please forward a copy?
Thanks.
Sara
Subject: Tiger

I still can't talk.
I think that our response should be final except that  there may be some agreed to changes on the L/C side.
Carol St. Clair is  addressing that with Jennifer and Miriam.
In any event, I believe that Tiger  needs to "OK" our response of yesterday since there were some errors on their  redraft.
Marie is not in the office today.
If you want to speak to a  person, call Susan Bailey and she can come into my office and we can manage.
Have a good weekend.
Sara
Subject: pavia catalogs

Dear Mr. Rosenberg:  I'm signed up with PayPal and you should have received confirmation.
Please  ignore shipping instructions accompanying PayPal because I had a problem  trying to change the shipping address.
The correct shipping address for the Pavia Federal Express is listed below  (together with other information):
Subject: general

FYI - I have a futures agreement for Gary which he needs now so I'll handle  as I don't know if you are overwhelmed.
We still need to talk sometime.
SS
Subject: lunch today

FYI - I have a pretty bad case of laryngitis but I still have to eat lunch.
Maybe I can find a "talking person" to join us so you won't be bored.
Sara
Subject: NRG Power Marketing ("NRG")

I've left a message for Dave Adams (legal) to call back AND described to him  the following situation:  ENA and NRG have executed OVER 130 financial deals both online (EOL) and  offline WITHOUT EVER CHANGING ANY OF THE GTC's.
In the absence of an executed master agreement, we never want the GTC's to  change!
The reason is that bankruptcy protection for swap agreements  requires a single agreement for all swap transactions.
If you don't have an  ISDA master agreement in place, you want your single set of GTC's to be  viewed by a court as a single agreement.
Having different versions of the  GTC's does not look like a single agreement.
I will try to convince Dave Adams that we should retain our GTC's but move  forward on an ISDA which would then govern all online and offline trades.
Subject: Weather Services International

Cheryl:  Jason Peters is returning a partially negotiated agreement for a service  which provides weather data (I think).
When I receive it in the morning,  I'll forward it to you for completion.
The weather traders are calling about  it.
Sara
Subject: First Union National Bank ("FUNB") ISDA's with ENA and Enron Corp.

Tanya:  I know you're swamped so I'll try to make this easy and you can answer "yes"  or "no", etc.
1.
Is First Union National Bank the correct name?
(as opposed to First  Union National Bank, Charlotte)  2.
Threshold for cross default:  We used $100,000,000 for ENE and  $50,000,000 for FUNB.
FUNB wants $100,000,000.
3.
Documents to be delivered:  FUNB will produce audited/consolidated  financials for First Union Corporation.
We requested FUNB financials.
4.
With respect to the ENA master only (the CSA):   (i)  FUNB wants to post 10-year government bonds in addition to cash and  L'C's   (ii)  I sent you the FUNB matrix  Is it acceptable?
(iii) FUNB wants to revise the MAC trigger to include "Baa3 by Moody's" and  "failure to have a Credit Rating from either S&P or Moody's".
(iv) FUNB wants to revise the definition of "Qualified Institution" to  include not only the rating we assign, but also "having assets in excess of  $10 billion" and also not subject to approval by the non-downgraded party   (v)  FUNB wants all demands for delivery or return of collateral to be made  on a Valuation Date.
I think we should retain language that demands can be  made on or after a Valuation Date.
But I think we could agree that demands  be made prior to 5 pm New York time.
5.
With respect to the ENA master only (the Enron Corp. guaranty in favor of  First Union National Bank):   (i)  FUNB wants a $30,000,000 cap (as opposed to the $15,000,000 cap we  proposed)  Two different FUNB people keep calling me, one on the ENA front and the other  with respect to ENE.
Now you know why your assistance is always greatly  appreciated.
Sara
Subject: Enron Corp. Guaranty in favor of First Union National Bank ("FUNB")

Hey, Clem:  Hope you had a great New Year!
I'll try to make this easy so that you can respond "yes" or "no":  (1)  FUNB wants ENE remain liable for payments covering "any other damages,  costs and attorney's fees".
Do you agree?
(2)  FUNB only wants to make a demand for payment with no strings attached.
I'll try to whittle the demand period down from five days to three.
Do you  agree:  (3)  Guaranty to be governed by NY law.
Agreed?
I'm sure you enjoyed this little exercise if I hear back from you.
Thanks.
Sara
Subject: Brokerage Account

Sorry, but I still can't talk.
Although Marie is not in today, I can have  Susan Bailey (Ext.
34737) contact Morgan to alert them that the faxed docs  are coming.
We also will need a signature on the agreement itself and I  can't recall if Marie sent that already.
Please call Susan so that we can be  more specific about what might happen today (and whether it can wait until  Monday morning when Marie returns).
I have not received anything from  Robert.
Thanks.
Sara