Here is an email: Nikki: I am a lawyer with ENA. I understand that you have been involved with the execution of the Goldman Sachs & Co. ("GSC")/ECI Corporate Account Agreement, working with both Cheryl Nelson and Stephanie Panus of ENA. ENA would like to transfer several accounts to ECI. In connection therewith, I am attaching a form of Assignment and Assumption Agreement for that purpose. This document is based upon a similar agreement executed by GSC, ENA and ECT Investments, Inc. on January 22, 2001. I ask that you please advise me of the following: (1) What is the effective date of the Corporate Account Agreement between ECI and GSC? Has it been executed by GSC? (2) Is the attached form of assignment acceptable? (3) Is there anybody else with GSC that needs to be involved with the review/execution of the attached assignment? Please let me hear from you. Our commercial group is extremely anxious to effectuate the transfer. Thank you for your assistance.
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A: Transfer and Assignment of Enron North America Corp. ("ENA") accounts to Enron Credit Inc. ("ECI")
Here is an email: Please note a change in EES reported load volume on 3/31, HE 6, SP-15. The volume was incorrectly copied into the worksheet, but all EnPower deals reflect the correct number. Also, the sheets for 3/30 and 3/31 now show those respective dates at the top of the page. Please let me know if there are any questions.
What is a potential subject line for this email?
A: Revised EES Spreadsheet 3/31
Here is an email: On November 14, 2001, SCE filed an advice to establish the ratemaking necessary to implement a number of regulatory components included in its October 2nd Settlement with the Commission The settlement agreement described the operation a new account termed the PROACT that the Commission will establish by order. The advice letter provides the structure and operation of the PROACT, The beginning balance of the PROACT will consists of the unrecovered procurement related obligation as of September 1, 2001. Beginning on Sept. 1, on a monthly basis, the following amounts will be recorded in the PROACT: (1) SCE's Surplus (recorded revenues minus recoverable costs); (2) all refunds related to procurement related liabilities; (3) securitization proceeds, (4) interest expense. The advice letter provides a detailed explanation as to how SCE's surplus and recoverable costs will be calculated. In addition, the advice letter addresses settlement rates. SCE notes that, under the Settlement, the Commission agreed to maintain electric retail rates for retail customers at no less than the Settlement Rates during the Repayment Period. Settlement Rates are defined in the Settlement as " gross electric retail rates (including surcharges)". In its advice letter, SCE proposes to define gross electric retail rates to mean the system average rates. By defining it that way, the Commission can change the revenue allocation between rate groups, as well as effect some rate increases/decreases in certain rate components as long as such revisions do not result in a change in SCE's system average rates. SCE has asked for a September 1, 2001 effective date for the advice filing. Under standard procedures, protests on the filing would be due December 4th. SCE has asked for an accelerated schedule of November 28. To date, as far as I am aware, it has not been granted. Please let me know as soon as possible if Enron would like to weigh in on this advice filing. Jeanne
What is a potential subject line for this email?
A:
SCE Advice Letter to Implement Settlement with Commission