QUESTION: Attached is a reconciliation of the HPL Inventory and Working Capital Calculation Statements that Enron and AEP have exchanged. Please review and be prepared to discuss in a meeting today at 4pm in EB3587. Please let Michael Salinas or Lisa Lunz know if you cannot attend ASAP! Thanks!
Propose a subject line for this email?
ANS: HPL Inventory and Working Capital Calculation Statement Reconciliatioin
Justin & Paul, We are seeking your sign-off and assistance in connection with a swap termi= nation transaction that is part of an equity sale transaction that is prese= ntly set to close this Thursday. The good news is that the documentation h= as been substantially negotiated by a number of internal and external lawye= rs (in connection with the equity sale deal) and the swap termination deal = terms have been discussed and blessed by Gary Hickerson's team in Houston. The background and basics of the deal are as follows: In March 1999 Enron Capital & Trade Resources International Corp. ("ECTRI")= entered into a long-term interest rate swap with Greenfield Shipping Compa= ny Limited ("GSCL") in connection with GSCL's project financing of a 135,00= 0 cbm LNG tanker. The swap was documented by way of an ISDA Master Agreeme= nt (Multicurrency--Cross Border) and related Confirmation (Deal No. M148198=
Q: What is a potential subject line for this email?
answer: ECTRI-Greenfield Shipping Interest Rate Swap
Following the recent administration of Railtrack and the draft Memorandum to Members of 11 October circulated by ISDA (copy attached for info), a number of you have expressed a wish to formally respond to ISDA on the issues raised. I've attached the draft we propose to send to ISDA. If you could let me have any thoughts/comments on the draft as soon as possible. I'll leave the decision as to when/if to submit the letter to Bryan. Thanks and regards,
Answer: Draft letter to ISDA re. "Not Contingent" and convertible bonds
Here is an email: Steve, We are currently negotiating an interconnect agreement for an upgrade of an existing interconnect off the Trawick System into TUFCO. The interconnect is solely a delivery to TUFCO. We are down to one point of difference in the agreement. Typically HPL disclaims any liability for consequential damages to the other party. TUFCO is asking for an exception for any violation of gas quality specifications. This would mean that if HPL delivered off spec gas to TUFCO which required cleanup of their pipeline system or caused damage to a customer of TUFCO's HPL would be liable under this Agreement. From a legal standpoint, we can make this exception, but I wanted to make sure everyone understood and agreed with the acceptance of this potential liability. Assuming we are properly monitoring all our receipts there shouldn't be an issue. Please let me know what you think about this situation. I can forward a copy of the interconnect agreement if you do not currently have one.
What is a potential subject line for this email?
A: TUFCO Trawick I/C
Q: I understand you plan to attend the meeting on May 11th at Brennans. I would like to put you down for another update on the energy industry situation....nothing of more interest to our group and of great importance to Houston and all of us. Thank you in advance!! (if something comes up at the last minute and you can't make it...I'll just fill in with something else.) Regards, R
Propose a subject line
A: WPO Forum
Here is an email: David: Could you please confirm the following for me: 1. With ACE USA, Inc., we confirm using the "deemed ISDA" format. For some reason they were on our Annex A list. Do you know why? 2. We only do physical deals with Northern Indiana Public Service Company and the "Columbia Gas" entities. Again, they too were on our Annex A list. Thanks.
What is a potential subject line for this email?
A:
Annex A Questions