As you are aware a "safety net" type of provision has been included in the master netting agreement to attempt to convert any underlying master agreement one way payment provision to a two way payment provision. However, this is only a safety net and should not be relied upon. It may not cover every particular definitional/form structure in an underlying master agreement. Please be sure to review the underlying master. It is probably always best to draft a contract specific amendment to convert to 2way payment since this is a critical issue to effect properly the closeout netting and setoff provisions of the master netting agreement. The specific amendment can be included in the master netting or accomplished as a separate amendment to the underlying master agreement. Any questions, call me.
Q: What is a potential subject line for this email?
answer: READ: RE CONVERSION OF 1 WAY PAYMENTS TO TWO WAY PAYMENTS
POSREP HOEGH GALLEON 12TH. APRIL 1200LT (1500UTC) A) Position at noon : N 26 52 W 071 24 B) Dist. from last noon : 400 n. miles (24 HRS.) C) Dist. to go to next port: 11364 n.miles D) Eta next port :April 16th. 0001lt. E) 1:Average sea/weather :Wind: SE 2, Sea: SE 1 2:Average speed :16,67 knots / average RPM 82,38 3:B.O.G. consumed :205,851M3 4:F.O. consumed :44 mt. 5:G.O. consumed :nil 6:Average vapor press. Tk. 1:0,110 bar. Average liq. temp:-158,5 Tk. 2:0,109 :-158,6 Tk. 3:0,109 :-158,6 Tk. 4:0,107 :-158,6 Tk. 5:0,109 :-158,5 Brgds Oe. Hansen Master E-mail: master.gall@hoegh.no Teleph: Inmarsat tel.no. 330853910 Fax : Inmarsat fax no. 330853913 Telex : Inmarsat B telex no.330853915 Telex : Inmarsat C telex no.430853910 (24hrs.watch)
Answer: DAILY POS. REPORT
Here is an email: To: All Enron Houston Users Subject: New Dialing Instructions Ref: Tie Line Access Code Changes - Enron Building Phone System Effective Saturday, August 18, the access code for remote locations will be modified within the Enron Building phone system to reflect a standard utilized by all Enron phone systems. The modification will change the first digit dialed when accessing the tie lines by using the Alternative Routing feature from 7 to 8. As all other Enron phone systems currently access the tie lines with the digit 8, the change from 7 to 8 will only affect users who reside in the Enron Building. All other Enron phone system users should note that several digits of the tie lines to London, Calgary, and Portland have changed. What This Change Means To You Effective Saturday, August 18, you must replace the first digit 7 with an 8 when accessing the tie lines. Additionally, several of the digits to the London, Calgary, and Portland tie lines have changed. All other digits of existing access codes will remain the same. For your reference, a list of the new dial strings for remote locations is identified at the bottom of this message. Please Note: This change also means that any Auto-Dial buttons you use to call associates at remote locations will now have to be re-programmed. Such buttons may be programmed on conference room phones and FAX machines in your area. To re-program an Auto-Dial button: ? Press the Menu button on your soft keys ? Press the Program button on your soft keys ? Press the Auto-Dial button you wish to program ? Dial the new Dial String (as identified below) ? Press the # key REVISED DIAL STRINGS FOR ENRON TIE LINE NETWORK Users must dial 8 digits to call via Tie Lines
What is a potential subject line for this email?
A: New Dialing Instructions
Q: Tanya and I have scheduled a meeting in my office to discuss SITA at 9:00 am Friday morning. Please join us for a lively discussion if your schedule permits. Sara
Propose a subject line
A: SITA
IN: Jeff: here's the SOCO netting agreement that I've negotiated with Rob Markham for physical power. please give me a call with any questions. Note that I followed up on the power receivable when I negotiated this agreement and will forward the executed agreement to Lech Kalembka so that he can take care of filing any required financing statements. leslie

Generate a subject line.

OUT: SOCO Netting Agreement
IN: This is an email
Management Committee Offsite Wednesday, October 24 11:30a - 5:00p Four Seasons Hotel, Whitney Room Lunch will be provided An agenda will be distributed prior to the meeting. Please call if you have any questions. Thanks,

What is the subject?

OUT:
Confirmation of Management Committee Offsite - Wednesday, October 24, 11:30a - 5:00p