QUESTION: Can you please delete access to the financial trading agreement database to the following people: Anita Fam Brenda Whitehead Elizabeth Sager Jason Peters Stephanie Sever Christian Yoder Lorraine Filomeno Shari Stack Susan Flynn Lisa Lees Two people need to have their access changed from Legal Dept., to Credit Dept. (therefore they can make Credit comments, not Legal comments): Tom Moran and Veronica Espinoza. Also, please add a lawyer in our Group to the database with full edit access: Cheryl Nelson. Thanks!
Propose a subject line for this email?
ANS: Financial Trading Agreement Database
Darron: I got your message, but I must have missed you. Try calling Debbie Delgado @ x39183. She is the ADMIN who sits next to me. If you want to just call Kai directly about mortgages, his vital signs are below (just kidding). The best place to reach him is at 713-816-1300.
Q: What is a potential subject line for this email?
answer: I have moved, but my Phone has not .....
Hi Ben, I got a call from Mike, and he gave me his lawyer's telephone number. He is very interested in the change order, of couse. Do I have the pay off number? What would be a good time to talk about the ABB payment allocation with Herman? I really want to put that issue to be, because I don't know if we can't put the stuff into TurboPark if we haven't taken care of it. I'm getting GE consent to put the Coral turbines into TurboPark, if necessary. That doesn't mean we have to, but I don't want to take any chances. How would you feel about not having the 1000 call and just having the noon call? That would give me time to talk to ABB, and we would be able to get the LLC agreement back to Coral. Thanks,
Answer: ABB
Here is an email: As a point in clarification, in Section 2(a) of the Master Netting Agreement the parenthetical "(including automatic termination, if applicable)" should be deleted. Here are the new forms with the deletion made in them. Since the form is amending the underlyings to not include automatic termination, the parenthetical should no longer be included. Further, see the attached once again revised process (hopefully this will be the last revision for a time!). Changes are in bold and deal with the gas receivables financing and credit sign-off. To the extent a counterparty will agree to a 25th of the month effective date, do so, as it fits our physical gas billing cycle and makes it easier to pull out the receivable from the gas receivable financing.
What is a potential subject line for this email?
A: Revision to Master Netting Forms
Q: Susan B. should have gotten our draft of the referenced guaranty to you. It still needs to be reviewed by the physical gas group since we are amending their guaranty. Do you care about any allocation of payments between HPL and ENA? At the moment, I do not have any allocation language in the guaranty. SS
Propose a subject line
A: Formosa/Neumin guaranty amendment
Here is an email: Adam / Stan, I had a follow-up meeting with Gary Fitch regarding Enron Wind's aviation. Gray indicated the following: Aviation budget number look comparable to operator standards (approx. $1,900 / hour, 600 hour estimate) The plane has a market value of $1.8 - $2.0 million and a book value of $2.2 million Turbo prop charters for trips to Tehachapi would run in excess of $1,100 / hour and may be limited as there are only two qualified operators The Cessna is the only jet suitable for use to Tehachapi based on runway length and altitude Gary will make a site visit before the end of the year Assuming that of the budgeted 600 hours of operation, only 400 hours would require charter, the cost of charter would approach $0.5 million of the total budget of $1.2 million. This plus the flexibility of using the plan on longer hauls (e.g., to Houston) make it economically justified. My recommendation is that based on the current situation, we retain the aircraft. Tod
What is a potential subject line for this email?
A:
Enron Wind Aviation