Pat: I am a financial trading attorney with Enron North America Corp. ("ENA") in the Houston office. Christian Yoder gave me your name and suggested that we speak regarding the EWEB transaction. I will be negotiating the ISDA Master Agreement with EWEB, probably with Jmi Deason directly. ENA requires that governmentals provide specific evidence of authority to enter into derivative instruments (including certified resolutions specifically authorizing execution of the master agreement and all transactions thereunder, legal opinion and additional reps/warranties). I was curious as to the specific documentation you had reviewed from EWEB. It sounded from your email which Christian forwarded to me, that you were reviewing evidence of authority to enter into physical transactions. I would like to speak with you directly, if possible. I am in a Central time zone and my direct line is (713) 853-5620. I look forward to speaking with you. Thanks. Sara
Answer: EWEB
COLUMBIA GULF TRANSMISSION COMPANY NOTICE TO ALL INTERESTED PARTIES JUNE 24, 2002 Notice ID: 3845 5 - NO RESPONSE REQUIRED Columbia Gulf Transmission is auctioning 47,395 dth/d of onshore firm capacity from Venice to Rayne, Louisiana at CGT's maximum onshore FTS-2 transportation rate. This capacity will be available July 1, 2002, with bids due by 2:00 p.m. (Central Time) on June 24, 2002. Details of this capacity auction may be found in the Columbia NAVIGATOR system under the capacity release folder, offer number 36798. For additional information please contact Janice Felton at (713) 267-4210 or Martha Blake at (713) 267-4213 or Brian Lamb at (713) 267-4251.
Answer: CGT - FTS-2 Capacity Auction
Edmund, Below is the standard information we always have in every email when we get a master swap agreement executed. With this email Global Counterparty can open the counterparty. We then immediately send the master swap agreement and other documentation down in the attached memo. If we get the master in signed but we're waiting on critical additional documentation (like the guaranty or perhaps a legal opinion on a governmental) we hold off on sending the email. Sometimes the file may not be complete because we are waiting on incumbency certificates (which we do not consider critical in most circumstances) so we may send the email, send down whatever executed documentation we have, while we wait on the certificates. We used to wait to send the executed documents down until we had the whole package completed, but they can't approve the counterparty without getting the master. Does this make sense?... I am now going to look for one with special instructions... Below is my standard memo to Global Contract with any kind of executed documents I send down to them. Also, a new procedral thing that is evolving here in Houston, we used to send Global Contracts the originally executed guarantees, but Credit is not the gatekeeper and recordkeeper of all guarantees so we will be sending the originals to them in the future (with a copy in the Global Contract file)
Answer: The Tranzonic Companies
COLUMBIA GAS TRANSMISSION CORPORATION NOTICE TO ALL INTERESTED PARTIES OCTOBER 17, 2001 Notice ID: 3189 5 - NO RESPONSE REQUIRED SUBJECT: CAPACITY ALLOCATION-TIMELY NOMINATION CYCLE FOR OCTOBER 18, 2001 PLEASE NOTE THAT ALL ALLOCATIONS ARE SUBJECT TO CHANGE BASED ON THE RECEIPT OF ANY NEW NOMINATIONS OR INTRADAY NOMINATIONS. Excess MDWQ Available + ISS Withdrawals Available SIT Withdrawals Available Imbalance Drawdowns Available PAL Lends/Unparks Available Excess MDIQ Not Available + ISS Injections Not Available SIT Injections Not Available Imbalance Paybacks Not Available PAL Parks/Loan Paybacks Not Available + Call Gas Control 24 hours in advance at (304) 357-2606 to request approval. Columbia Gas Transmission has completed allocating all of its receipt and delivery points for the gas day of October 18, 2001. You may now view the quantities you are authorized to flow on October 18, 2001. On the Internet NAVIGATOR, view Nominations, Scheduled Quantity, Scheduled Quantity for Service Requestor-Summary, Nominations to be Viewed, and select Reduced Nominations. The quantities confirmed to flow for your account are available on the Internet NAVIGATOR after 5:30 p.m. Eastern Time on Wednesday, October 17, 2001. If you have any questions, please contact your Account Representative.
Answer:
TCO- CAPACITY ALLOC-TIMELY NOMINATION CYCLE OCT. 18, 2001