Here is an email: Ed: We are really close on finalizing the EEI. The following are open credit points with them: 1. They want their cross default to be $100 million too instead of $50. 2. They want to exclude from the affiliate definition Florida Power & Light and its subs. Their lawyer is sending me a list. 3. They want to raise both collateral thresholds from $20 to $50 million. 4. In the assignment language in section 10.5, they want to specify a creditworthiness test in clauses (ii) and (iii), such that if the assignee or its guarantor is rated BBB- or Baa3, the assignment is permitted. Clauses (ii) and (iii) relate to assignments to affiliates and assignments that occur as a result of mergers or asset transfers. Right now the test is a generic creditworthiness test. I look forward to hearing from you.
What is a potential subject line for this email?
A: Carolina Power & Light EEI
Here is an email: Dan Walters: Blame game over California's energy crisis will continue for years (Published July 24, 2001) The wrestling match between politicians and Enron Corp. moved into a more intense arena over the weekend when a state Senate investigating committee sought contempt penalties because the huge energy company has refused to turn over internal documents. Although Houston-based Enron owns no major power plants in California, it has adopted the toughest stance of all energy companies against the multiple investigations of why wholesale energy prices spiked so high. And it has become, in turn, a whipping boy for California politicians. At one point last spring, state Attorney General Bill Lockyer said he wanted criminal charges against Enron and its chairman, Kenneth Lay. "I would love to personally escort Lay to an 8-by-10 cell that he could share with a tattooed dude who says, 'Hi, my name is Spike, honey,' " Lockyer said. With less colorful language, Gov. Gray Davis has often castigated Texas-based companies as price gougers -- even though Texas firms have been fairly minor
What is a potential subject line for this email?
A: Dan Walters: Blame game over California's energy crisis will continue for years
Here is an email: November 21, 2001 Due to the unplanned outage of the Gerber Compressor Station, California Gas Transmission's maximum system inventory limit is capped at 4,500 MMcf. Because the outage was a force majeure event, this upper limit will be in place immediately. The outage is expected to last approximately six months. Today's maximum system inventory limit is already 4,500 MMcf because total system demand is low. If total system demand increases above 2,800 MMcf, the maximum system inventory limit would normally be raised to 4,600 MMcf. Instead, it will remain at 4,500 until Gerber can be brought back online.
What is a potential subject line for this email?
A:
Gerber Update