Spreadsheet: mark_taylor__24671__legalreviewUS
Sheet: long descriptions

List of Product Types | Long Description Sentence for Product Type
Canada Natural Gas Financial Basis vs [NAME] | A Canadian Gas Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price, where the fixed price will be the settlement price for the last scheduled Trading Day of the NYMEX Henry Hub Natural Gas Futures Contract, in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
Canada Natural Gas Financial Swap | A Canadian Gas Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
Canada Natural Gas Physical Basis vs Henry Hub Firm | A Canadian Gas Transaction under which the [NAME] shall sell and the [NAME] shall purchase a quantity of natural gas equal to the Daily Quantity at the Contract Price. The contract price is derived from the settlement price for the last scheduled Trading Day of the NYMEX Henry Hub Natural Gas Futures Contract and is adjusted by the transaction price.
Canada Natural Gas Physical Forward Firm | A Canadian Gas Transaction under which the [NAME] shall sell and the [NAME] shall purchase a quantity of natural gas equal to the Daily Quantity at the Contract Price.
Canada Natural Gas Physical Index Forward Firm | A Canadian Gas Transaction under which the [NAME] shall sell and the [NAME] shall purchase a quantity of natural gas equal to the Daily Quantity at the Contract Price. The contract price is derived from the index and adjusted by the transaction price.
United States of America Coal PRB 8800  Physical Forward | A US Coal Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of coal at the Contract Price. The transaction is for FOB Mine in the Powder River Basin located in the state of Wyoming and on the joint line that is served by Burlington Northern Santa Fe/Union Pacific rail lines. The transaction is for a calorific value of base 8,800 BTU/lb, net as received with a maximum sulphur content of 0.33%.
United States of America Coal PRB 8400  Physical Forward | A US Coal Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of coal at the Contract Price. The transaction is for FOB Mine in the Powder River Basin located in the state of Wyoming and on the joint line that is served by Burlington Northern Santa Fe/Union Pacific rail lines. The transaction is for a calorific value of base 8,400 BTU/lb, net as received with a maximum sulphur content of 0.33%.
United States of America Coal Nymex Physical Forward | A US Coal Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of coal at the Contract Price. The transaction is for delivery [NAME] at a delivery facility between Milepost 306 and 317 on the Ohio River or on the Big Sandy River. The transaction is for a calorific value of base 12,000 BTU/lb, net as received with a maximum sulphur content of 1%.
United States of America East Power Physical Forward Firm | A US Power Transaction under which the [NAME] shall sell and the [NAME] shall purchase a quantity of power equal to the Daily Quantity at the Contract Price. Delivery is on a firm basis.
United States of America SO2 EA ([NAME] dioxide) Physical Option | A Transaction under which the Option Buyer has the right, in relation to the Option Seller, in return for payment of the Premium, for a Call Option to buy a quantity of SO2 emission allowances equal to the Designated Quantity at the Contract Price and for a Put Option to sell a quantity of SO2 emission allowances equal to the Designated Quantity at the Contract Price.  The Option Buyer shall pay the Premium to the Option Seller within two Business Days of the Transaction.  The Option Buyer may exercise the Option on the Exercise Date, otherwise the Option will lapse.
United States of America SO2 EA ([NAME] dioxide) Physical Forward | An agreement whereby a physical volume is exchanged for a fixed price over a specified period of vintages. The transaction is for SO2 Emission Allowances with the vintage year indicated as the latest vintage acceptable for this transaction, and earlier vintages are aceptable at seller's choice.
United States of America N0x EA (Nitrous Oxide) Physical Forward | An agreement whereby a physical volume is exchanged for a fixed price over a specified period of vintages. The transaction is for Nox Emission Allowances with the vintage year indicated as the latest vintage acceptable for this transaction.
United States of America WTI Financial Swap | A US Crude Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America IPE Brent Financial Swap | A US Brent Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Gasoline UNL Financial Swap | A US Unleaded Gasoline Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America No. 2 Heating Oil Financial Swap | A US Heating Oil Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America 1% Low Sulphur Fuel Oil Financial Swap | A US 1% Low Sulphur Fuel Oil Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America WTI Physical Forward | A US Crude Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of crude oil at the Contract Price. The commodity will be delivered on an FOB basis.
United States of America Brent Partials Physical Forward | A US Brent Partials Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of blended brent crude oil at the Contract Price. The commodity will be delivered on an FOB basis.
United States of America UNL Gasoline EFP Physical Forward | A US Gulf Coast Unleaded Gasoline Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of USGC Unleaded Gasoline at the Contract Price with deliveries occurring in the back half of each Colonial Cycle.  Counterparties agree to exchange futures at a mutually agreed upon differential to the Contract Price. The commodity will be delivered on an FOB basis.
United States of America No. 2 Heating Oil EFP Physical Forward | A US Gulf Coast Heating Oil Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of USGC Heating Oil at the Contract Price with deliveries occurring in the back half of each Colonial Cycle.  Counterparties agree to exchange futures at a mutually agreed upon differential to the Contract Price. The commodity will be delivered on an FOB basis.
United States of America Propane FOB Financial Swap | A US Propane Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Propane FOB Physical Forward | A US Propane Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of propane at the Contract Price. The commodity will be delivered on an FOB basis.
United States of America Purity Ethane Financial Swap | A US Purity Ethane Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Purity Ethane Physical Forward | A US Purity Ethane Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of purity ethane at the Contract Price. The commodity will be delivered on an FOB basis.
United States of America Natural Gas Financial CalSPD | The transaction is a simultaneous buy and sell of the prompt calendar year strip and the first deferred calendar year strip. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Natural Gas Financial Swap | A Transaction under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Natural Gas Financial Option | A Transaction under which the Option Buyer has the right, in relation to the Option Seller, in return for payment of the Premium, to receive after exercise of the Option on the Exercise Period, the Cash Settlement Amount being, for a Put Option the Strike Price minus the Floating Price, in respect of the Notional Quantity, and for a Call Option the Floating Price minus the Strike Price in respect of the Notional Quantity. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Natural Gas Physical Forward Interruptable | A US Gas Transaction under which the [NAME] shall sell and the [NAME] shall purchase a quantity of natural gas equal to the Daily Quantity at the Contract Price.
United States of America Natural Gas Financial iFerc/Nymex Basis Swap | The transaction is a Financial swap where the buyer receives the index price set by the Inside Ferc Gas Market Report in the section "Prices of spot gas delivered to Pipelines" under the heading ANR Pipeline co. Louisiana and pays the unweighted average of the closing settlement price of the last 3 settlement days of the underlying New York Mercantile Exchange Natural Gas contract. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Natural Gas Financial Spread | The transaction is a simultaneous buy and sell of the specified strip and the first deferred specified strip. The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Benzene FOB Physical Forward | A US ASTM 2359--Low Toluene Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of benzene at the Contract Price. The commodity will be delivered on an FOB basis.
United States of America Nitration Toluene FOB Physical Forward | A US ASTM 841 Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of Nitration Toluene at the Contract Price. The commodity will be delivered on an FOB basis.
United States of America Mixed Xylene FOB Physical Forward | A US ASTM 5211--Low Bromine Transaction under which the [NAME] shall sell and the [NAME] shall purchase the agreed quantity of [NAME] at the Contract Price. The commodity will be delivered on an FOB basis.
United States of America Polypropylene - homo polymer general purpose grade Financial Swap | A US Plastics Transaction for [NAME], homo polymer-general purpose grade under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Linear low density polyethylene [NAME] film grade Financial Swap | A US Plastics Transaction for linear low density polyethylene, butene film grade under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Ethylene monomer Financial Swap | A US Plastics Transaction for ethylene monomer under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Chemical grade propylene Financial Swap | A US Plastics Transaction for chemical grade propylene under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Pulp NBSK Financial Swap | A US Pulp Transaction for Northern Bleached Softwood under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper OCC Financial Swap | A US Paper Transaction for #11 OCC under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper ONP Financial Swap | A US Paper Transaction for #8 ONP under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper 34 LWC Financial Swap | A US Paper Transaction for #5 34# LWC under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper 40 LWC Financial Swap | A US Paper Transaction for #5 40# LWC under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper 50 Offset Financial Swap | A US Paper Transaction for 50# [NAME] under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper SCA Financial Swap | A US Paper Transaction for SCA Offset Rolls under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper 42 Financial Swap | A US Paper Transaction for 42# [NAME] which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Paper 26 Financial Swap | A US Paper Transaction for 26# medium under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Newsprint Financial Swap | A US Paper Transaction for 48.8 gram newsprint under which one Party pays a Floating Price and the other Party pays a Fixed Price in respect of the Notional Quantity.  The Transaction shall be arranged by Enron Capital & Trade Resources ("Enron").
United States of America Heating Degree Day Financial Swap | A Transaction under which the Strike Amount Seller is obliged to pay the Payment Amount to the Strike Amount Buyer where the Floating Amount is above the Strike Amount, or where the Strike Amount Buyer is obliged to make a payment to the Strike Amount Seller where the Floating Amount is below the Strike Amount. The underying climatic condition of the Transaction is HDD which is equal to a reference base temperature less the Average Daily Temperature. The average daily temperature is quoted in degrees Celsius and calculated as (daily maximum plus daily minimum)/2.
United States of America Cooling Degree Day Financial Option | Legal to prepare these.
United States of America Cooling Degree Day Financial Swap | A Transaction under which the Strike Amount Seller is obliged to pay the Payment Amount to the Strike Amount Buyer where the Floating Amount is above the Strike Amount, or where the Strike Amount Buyer is obliged to make a payment to the Strike Amount Seller where the Floating Amount is below the Strike Amount.The underying climatic condition of the Transaction is HDD which is equal to the Average Daily Temperature less the reference base temperature.The average daily temperature is quoted in degrees Celsius and calculated as (daily maximum plus daily minimum)/2.
United States of America West Power Physical Forward Firm | A US Power Transaction under which the [NAME] shall sell and the [NAME] shall purchase a quantity of power equal to the Daily Quantity at the Contract Price. Delivery is on a firm basis.