Here is an email: Pat, You should have been included on this. I probably won't go to these meetings since I won't be dealing with Unify much in the future. I don't mind going with you for the first couple of times if you need me to, though. D
What is a potential subject line for this email?
A: Recurring Logistics Unify Meeting
Here is an email: I am trying to distinguish these two types of entities both practically (what are we able to negotiate) and legally (what do we really need in our Schedule). I am also interested in your experiences in dealing with these parties. ENA's form of "municipal" Schedule ("the ENA Schedule") was essentially taken from the 1992 ISDA U.S. Municipal Counterparty Schedule ("the ISDA Schedule"). In addition to other provisions, the ISDA Schedule (1) adds reps designed to avoid "an Orange County" type meltdown and (2) incorporates the concept of "Incipient Illegality" (which occurs before the Termination Event of Illegality). The "Incipient Illegality" concept is used in Section 2(a)(iii) (obligations) as well as the Section 3 (reps) of the ISDA Schedule: the concept is added to the Section 3(b) rep ("..absence of Event of Default, Potential Event of Default, Incipient Illegality...), and for purposes of notifying the other party of its occurrence. Interestingly enough, the ENA Schedule does not include the Section 3(b) rep change. I think we need to add this change to ENA's Schedule. With respect to IOUs, we need to clarify our position on "Regulatory Development" (which is actually a watered-down "Incipient Illegality" concept). If such an event occurs, ENA should be advised of the event (Notice). But, does ENA really want the ability to terminate trades at mid-market ("Additional Termination Event") or simply to have this event included as part of a Section 3(b) rep such that the occurrence of the event merely triggers an Event of Default at ENA's side of the curve (for breach of the Section 3(b) rep)? I have found that negotiating with IOUs for the "Notice" provision can be difficult. Extracting the Additional Termination Event is tough. Arguing for a Section 3(b) change may be easier (and would mirror the municipal format). I think ENA really needs the ability to decide when to halt trading with a counterparty experiencing a Regulatory Development (which we may only learn about through notice from the counterparty). Thus, I recommend that for IOUs, we add a notice provision and Section 3(b) rep change incorporating our latest definition of "Regulatory Development." But we really have to negotiate for this protection. Otherwise, why bother to include this additional language? What do you think?
What is a potential subject line for this email?
A: Municipals (including municipal utilities and other regulated entities) vs. investor owned utilities ("IOUs")
Here is an email: We are working very diligently to accommodate the need for space on the 30th floor. Unfortunately, we are not able to do any major construction to densify the floor during the next several months while Enron Property Services is completing the build-out of levels 29, 31 and 32. In the mean time, we are going to build out the window spaces on 30 to increase the capacity on the floor. While these locations are not prime spots, people will need to occupy them as our business continues to grow. Once the window seats have been constructed (estimated to be 2-3 weeks), we will realign groups on the floor and people will need to move once again. I am requesting your cooperation and patience to work with Lisa Cousino while she works with space planners to coordinate the location of Energy Operations personnel on the newly-constructed Commercial floors. Susan Harrison is working with Lisa to manage the space planning on 30 during this transition period. Chantelle Villanueva will be coordinating all moves of people and equipment on the 30th floor. If there are any problems once a move has occurred (i.e., missing or non-working phones, boxes, computer equipment, printers, etc. ), please contact Chantelle at Ext. 3-6279 as she will also coordinate the follow-up on all move-related items. If Chantelle is not available, Maria Sandoval will be her backup. Maria can be reached at Ext. 3-5586. I would also appreciate your help in cleaning up the floor, including the window spaces. We can no longer maintain unnecessary boxes, paper and supplies on the floor. Please coordinate with your assistant to have your area cleaned up by December 31. During this clean-up process, if you have any documents that need to be filed and/or archived, please contact Carolyn Gilley in the Information and Records Management group at Ext. 3-5237 and she will make arrangements to pick up the information from the 30th floor. Thank you in advance for your understanding and cooperation in maintaining a neat and professional work environment. Between now and the summer of 2001 when we will relocate to the new building, please keep in mind that we are all working in a temporary and makeshift environment. I would greatly appreciate your patience and good humor as we struggle to use the available space effectively. If I have missed anyone on the distribution list that has just recently moved to the 3oth floor, please forward this message to them.
What is a potential subject line for this email?
A:
Floor Space on 30