Just wanted to check to see if you needed any additional information to prepare the assignment letters on the Entergy New Orleans and LGS Natural Gas Contracts to Bridgeline. Please keep me updated as to the progress on these assignments. Thanks,
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answer: Assignment Letters
The Commercial Group has asked whether they can sell daily firm for longer than a 3-month period. This phrasing is of course misleading; TW's daily firm contracts are always for a term of just one day, but renew for consecutive one-day terms unless terminated. The discount letter, on the other hand, grants a discounted rate for each of the one-day terms for a certain period of time (typically one month). Steve Harris wants to be able to "sell daily firm for a one-year period." In contractual terms all this would mean is that the contract is for renewabable one-day terms (as usual), and the discount applicable to such terms would be effective for one year. I see no problem with this, do you? (Apparently the current perception in marketing is that regulatory/legal was limiting daily firm to a 3-month period.)
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answer: daily firm on TW
Sorry to have taken your time with this. Please thank Zelda again for me for helping out and returning my telephone call, which I asked her to do. Hope it was okay for her to make the long-distance call here. I'm so pleased to have Mother riding to Texas with me, especially since I've been so tired lately. Thanks again.
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answer: Thank you!
Dear Pam/Michelle/Mary Joyce, I have not heard anything from Mr Lay'soffice yet as a response to the email I sent last week. I am very sorry we have come to this but I have already contacted law firms in Braziland Houstonto evaluate my options for enforcing my contractual rights. I understand Enron is in a difficult situation but the payments were due and the invoice was sent long before Enron got into the present problems. This course of action is not what I want,especially given the fact that there is a serious risk this may become public in Brazil, causing additional unnecessary problems to Enron. Once the lawyers come up with a recommended course of action, and out of respect for Enron and Mr Lay, I will place an additional call informing you and Mr Lay's office of the actions that will be taken. This should take place this week. Please let me know immediately if you hear anything regarding the authorization of the payment. Also please acknowledge receipt of this email. Best regards and once more thank you for trying to resolve this with me over the last few weeks. Diomedes Christodoulou.
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answer:
ECI Payment