Hope you are well! I had a wonderful vacation in L.A. I never made it to either the Norton Simon or the Getty; I'll just have to plan another trip to the west coast. In connection with your recent review of our standard ISDA Schedule, Credit Support Annex and legal opinion (the "Documents"), could you please advise as the whether additional provisions are required or advisable in any of the Documents when our counterparty is an Argentine public utility, municipality or other type of regulated entity. In the U.S., we use the ISDA Multicurrency - Cross Border boilerplate and incorporate most of the ISDA municipal language and some of our own into the Schedule for municipals and governmental entities. However, for public utilities which are general corporates (and not governmentally owned), we take a different approach and incorporate language which might trigger an "Additional Termination Event" for "regulatory type developments" (e.g., orders issued by a public utility commission) which would cause or might cause our master agreement to become void or unenforceable or similar swap agreements to become void or unenforceable. For example: "The filing of a motion, pleading, application or other similar action in any proceeding or action by Party B, a commission, regulatory agency or other entity having jurisdiction over Party B, in respect of Party B, or in respect of any other similarly situated entity organized under the laws of the state(s) in which Party B is located or regulated, to the effect that performance under this Agreement or one or more Transactions hereunder or similar agreements is unlawful or that this Agreement or one or more Transactions hereunder or similar agreements are void or voidable." By fax, I will send you our Municipal Schedule. Please advise as to changes in both the (i) Schedule and (ii) legal opinion for both (a) public utilities (corporates, non-governmental) and governmental entities (municipals, public agencies, governmental utilities, etc.). Please call if you have any questions. Regards. Sara
Q: What is a potential subject line for this email?
answer: Argentina: public utilities and other regulated entities
Ted Murphy wants you to call him next week to discuss "stuff". Are you available to call at any of the following times? Tuesday 10:00am - 11:00am EDT Wednesday 9:30am- 11:00am EDT Friday 8:00am - 9:30am EDT Set up Risk Management meeting w/ Stan Horton, Vlady, etc. 3:30-4:30pm on Sept. 10. FYI - Enron Management Conference is November 14, 15 & 16 in San Antonio. Sarah Heineman trying to set up meetings Sept 11, 12 & 13 in Boston (Fleet & others), Banks in NYC & annual Toronto bank trip (you will be flying commercial) shall I book you to Boston or somewhere up there close from Toronto on the return?
Q: What is a potential subject line for this email?
answer: Ted Murphy Wants Phone Time Next Week & Other Items
Mr. Easterly: Further to our conversation, please see the attached draft of a Master Firm Purchase/Sale Agreement. Upon your review, please give me a call to discuss any questions and or comments you have regarding this matter. Best regards,
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answer: Master Agreement
You have many questions about how the bankruptcy will affect you personally. The HR team is endeavoring to answer these questions. Due to simple logistics, answering each question individually is very difficult. We are working to solve this issue by compiling answers to the important questions concerning employee benefits, expense payments and so on. Answers to the most frequently-asked questions will be posted on the corporate website at www.enron.com. Click on Information for Enron Alumni Affected by Chapter 11 Filing </corp/alumni/> . These Q&A Facts are regularly updated as soon as accurate and factual information is received. In addition, we will have updates on 1-800-97-ENRON. (Option 9) If you have questions that have not been answered, please submit them to the following email address: questions@enron.com A team of people will be answering these questions and posting answers on the above sites as soon as possible. The HR team will also be posting initial Q&A's within the next few days on www.home.enron.com for our current, retained employees. Thank you for your patience as we work through the complexities of the situation. Julie Kearney 503) 464-7404 julie.kearney@enron.com
Q: What is a potential subject line for this email?
answer:
Q&A Process