Q: Last week FERC issued an order conditionally accepting two interconnection and operating agreements: 1) Entergy Louisiana and Washington Parish and 2) Entergy Arkansas and GenPower Keo. The Commission ordered Entergy to revise the credit provision in the agreements (and in Entergy's pro forma IA in its OATT) to provide for crediting of all network upgrades. This is consistent with a May 2001 FERC order that required Consumers Energy to credit customers for all network upgrade costs, including those incurred to remedy short-circuit or stability related problems. If you want more information please let me know. Susan Scott x30596
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A: Entergy -- credits for network upgrades (ER01-2021 and ER01-2106)
IN: Jordan, in response to your questions concerning the issuance of letters of credit starting today, I think that the response needs to address two situations: the committed lc facilities [Chase and West LB] and the uncommitted facilities. Since the uncommitted facilities involve minimal representations, they are not typically an issue [although we still need to review each circumstance individually], and unless there is a specific representation to Enron Corp.'s audited financials for the period 97-00 being prepared in accordance with GAAP, we should be able to issue letters of credit from an uncommitted facility. However, sections 4.1(d) of each of the West LB Facility and the Chase Facility contain a representation that Enron Corp.'s financial statements were prepared in accordance with GAAP. This representation was false when made, and will always be false. Thus, there is an issue with an officer being able to make the representations and warranties necessary for an issuance of a letter of credit under one of these facilities [or for an extension of an existing letter of credit]. In order to utilize the committed facilities, it will be necessary to obtain an amendment or waiver of this representation, since simply adjusting the representation on an officer's certificate gives the agent a defense to issuance on the face of the certificate. [An amendment is preferable from Enron's perspective.] [Note that as we previously discussed, there is not an event of default under the facilities, since that provision has a materiality qualifier.]

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OUT: Issuance of Letters of Credit
IN: This is an email
Ercot Traders- We will be going live in the Curve Manager for Ercot on Monday, November 5th. Ercot South (R6) will be your primary curve that you mark, and all others will be dependent upon that curve. I know the first few days will be a learning experience, so when you are ready to mark the curves just let me know and I'll come sit with you guys. Thanks!

What is the subject?

OUT: Rollout of Curve Manager
QUESTION: Good news for Body Shop members! The Body Shop will reopen Monday, January 7, 2002. While we recognize that the Body Shop is a tremendous asset to all of our employees' health and wellness, we must reopen it without an Enron subsidy. Therefore, the membership fee will increase from $25 to $30 per month for all Enron employees and contractors. Spouse memberships will remain at $15 per month. Locker fees will remain at $10 per month and members may keep their current locker. (If you emptied your locker after the Body Shop closed in December, please notify the Body Shop reception desk that you would like to reoccupy it.) The overall price increase, coupled with reduced expenses, will enable the Body Shop to reopen and remain open on a cash-neutral basis to meet creditors' requirements. Payroll deductions will be reactivated with the January 15th payroll and will include the increased fee. If you do not wish to continue your membership, please contact the Body Shop to cancel your membership via email only at <mailto:Body.Shop@enron.com>. Membership information and enrollment forms can be accessed below: The Body Shop's new hours will be 6:00 a.m. - 7:00 p.m. Monday through Thursday, and 6:00 a.m. - 6:00 p.m. on Friday. Saturday hours are not offered at this time. Although laundry service has been discontinued, towels will continue to be available for your convenience. Once the ongoing membership base and associated revenues have been stabilized to support staffing and housekeeping, exercise classes will be scheduled. We anticipate exercise classes to be available within a few weeks. Massage therapy services will continue and are available by appointment by calling extension 3-3047. Whether you are a continuing member or considering new membership, there is no better time for you to take advantage of the Body Shop and to take care of your personal health and well being than right now, at the beginning of 2002. Your continued support is greatly appreciated.
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ANS: FROM CINDY OLSON, COMMUNITY RELATIONS: Body Shop Reopening
Attached for your review are draft talking points for the Cal Energy Markets conference I'm speaking at on Thursday in SF. All comments, suggestions, etc. are appreciated. Thanks.
Q: What is a potential subject line for this email?
answer: DRAFT Talking Points for Cal Energy Markets Talk
I tried to fax all 4 deal sheets at once - and the pages stuck together. So I faxed each page seperately. Nice outfit. Judy says "Hey".
Q: What is a potential subject line for this email?
answer:
Fax