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Enron Mail |
Sheri
Provided there is no other documentation which the counterparties have agreed to which sets out the form of the Confirmation, it may be easier to change the definition of Confirmation Letter, simply to state that a letter will be sent confirming the Transaction, leaving us the flexibility to decide what the form and substance of that document should be from time to time. Marcus Sheri Thomas/ENRON@enronXgate 05/01/2001 02:29 PM To: Marcus Nettelton/NA/Enron@ENRON, Melissa Ann Murphy/HOU/ECT@ECT cc: Kim S Theriot/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Jennifer deBoisblanc Denny/ENRON@enronXgate Subject: RE: EOL GTC Confirms I have checked the site today, and we do not show Exhibit A on the website (if it is there, I sure can not find it....). Do you all (Legal) think that we should going forward since we are going to eliminate sending the GTCs with our confirms? Thanks Sheri -----Original Message----- From: Nettelton, Marcus Sent: Tuesday, May 1, 2001 8:44 AM To: Murphy, Melissa Ann Cc: Thomas, Sheri; Theriot, Kim; Jones, Tana; Taylor, Mark; Hodge, Jeffrey; Sager, Elizabeth Subject: Re: EOL GTC Confirms Melissa Attached is the suggested template for physical power confirmations as discussed. As you know the "Confirmation Letter" is defined in the GTCs as being in the form attached as Exhibit A to the GTCs, any changes to the confirmation that the counterparties can expect to receive should also be reflected on the Website in Exhibit A. Kind regards, Marcus << File: EOL GTC Template.doc << Melissa Ann Murphy@ECT 04/30/2001 04:51 PM To: Marcus Nettelton/NA/Enron@ENRON cc: Subject: EOL GTC Confirms Hello, I wanted to make sure I understand where the new language is to be inserted in our EOL GTC confirmation letter. Bob Bowen was telling me they are putting the new paragraph at the beginning of the confirm letter. The only problem I see is that we have the trade date and the energy type (firm energy, etc.) in the first paragraph as well. We also already have language in the last paragraph about returning the confirm to us within 2 days. Please look at the following template and let me know where you would prefer to see the language added. We are planning on changing our templates tomorrow morning. << File: EOL GTC Template.doc << Thanks, Melissa 3-1886
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