Mark, Please review the attached form of amendments. I have also prepared the form of amendment for the O&M Agreements, but will hold until you get further information on the fee arrangements. After you review these forms, lets discuss and review where we are at in this whole process. We will need to get TW, Accounting, and Investor review of these as soon as possible.
Q: What is a potential subject line for this email?
answer: CSA Amendments
I wanted to let you know I am currently negotiating two Master Gas Agreements with TransCanada for the two entities listed above. As previously discussed, credit suggests increasing TransCanada Pipelines Ltd.'s guaranty to $50MM and decreasing Enron's to the same amount. Have you discussed TransCanada's guaranty? Is $50MM large enough to cover your agreement? Veronica Espinoza(66002) in credit is working with me on guaranty issues. Finally, did you receive copies of Enron's and TransCanads's guaranty? If not, let me know I will fax same. Their guaranty expires the end of this month. Regards,
Q: What is a potential subject line for this email?
answer: TransCanada Energy Marketing USA / TransCanada Gas Services, Inc.
The Oklaunion plant is offline until midnight Friday. I have replaced the power for this deal in the cash market. No replacement is needed. Also; You will notice that from peak on through 24, the pool has been strong. Generators are taking their units offline for offpeak and are running short until peak the next day. You can recognize this in the ACE display on the monitor. Notice hour ending 3,4,5. Theyre draggin. Prices still havent done much in the offpeak,even with this going on. JMF
Q: What is a potential subject line for this email?
answer: Tenaska offpeak purchase
Jeff, this Agreement should replace the GISB and any other gas agreement between the parties. The collateral language is incorporated into the document. Also, with respect to the Collateral Agreement for Duke Energy Merchants LLC ("DEM"), Duke would like to propose assigning all of the Enron transactions with DEM into one Enron entity and then using the form of collateral agreement submitted to ENA (with some tweaking to allow for a Guaranty from Duke Capital Corporation) to cover the transactions between the Enron counterparty and DEM. Duke can present a list of companies which it has outstanding transactions with if Enron would like. Please let me know if you have any questions in this regard. Thanks - Joe (See attached file: DETM Master 10-29-01.doc) - DETM Master 10-29-01.doc
Q: What is a potential subject line for this email?
answer:
Master Gas Agreement