This morning after I left home, my son Joshua had a fever convulsion and passed out. Zane called 911 and believing Josh wasn't breathing, gave him mouth to mouth until his breathing stabilized. Josh is okay now, but he has a severe inner ear infection. The emt's sent Zane to our pediatricians office, where they immediately examined Josh and did blood work. His white blood count is extremely elevated, which apparently is normal after the trauma of a seizure after such a fever spike. They are home now, but my husband is quite shaken and so am I. I'm not really up to discussing this today. To make a long story short, I plan to catch the 2:30 p.m. bus home today. I will be back in tomorrow at 7:00 a.m. and at full speed. I apologize for any inconvenience this may cause.
Q: What is a potential subject line for this email?
answer: Family Issues
Alicia and Trina: Here are my thoughts on the latest drafts of the swap docs: Put Confirm 1. Looks like some type of price protection mechanism is contemplated in the Master Derivatives Agreement and I'm assuming it would go into this confirm 2. In the definitions of ISDA and Equity Definitions, please add amendments and supplements Harrier/Talon Schedule 1. We need to discuss footnotes 2, 3, 6, 9, 12, 13 2. I think that the mechanics for putting up the LC that is described in the Additional Termination Event that was added as clause (iv) needs to be drafted somewhere to address, for example, drawing conditions, what happens when Enron's credit rating improves, the comment made in footnote 6 etc. 3. In Part 4, Section (a) and in all of the notice sections the notice that goes to the AGC of the Trading Group goes to Enron North America Corp. not Enron Corp. 4. In Part 5, Section (l)(Recording) please add after the word "parties" the phrase "in connection with the Transactions hereunder." 5. In Part 5, Section (o) (Confidentiality), is the class of permitted discloses in clause (iv) too broad? Talon/Enron Schedule 1. In Part 1, Section (h) should a carve out from the definition of Identified Event be the new Termination Event that was added? 2. Why is Part 5, Section (n) in this Schedule? 3. Same comments as above Master Derivatives Agreement 1. Is the defined term Net Premiums worded right for purposes of the $400,000,000 limitation? For some reason, I'm thinking that a and b should be reversed. Talon Note 1. In Section 3.2, I'm not sure that the reference in the second paragraph to Part 5(m)(i) of the Enron Schedule applies since the setoff rights only benefit Enron and its affiliates. Also, what does it mean to refer to the Enron Guaranty here? Enron Guaranty 1. In Section 4, I think that it is fair for them to request that setoff only apply to the Guaranteed Agreements and unless I'm missing something, I think we can give on that point. That's all that I have. Have you discussed with Ben the point that we talked about last week concerning the difference between the calculation of "Net Talon Loss" versus "Loss"? I'm available tomorrow to talk about these points. Carol
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answer: Comments to Swap Docs
Hi Greg, I just wanted to mention that if we are going to bust the percentage rule on the option payment, there is no incremental damage in having the option payment credited to the purchase price of the land. As for officers of the development company, I would use Dave Duran. Ben holds a power of attorney, but isn't an officer. Hope you get email! Kay
Q: What is a potential subject line for this email?
answer: Options
It appears that Conoco has not used any alternate points on their firm contracts back to October, 2000. The attached spreadsheet supports this statement. Let me know if you need anything else.
Q: What is a potential subject line for this email?
answer:
Conoco FT's using alt pts