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Enron Mail |
Tana:
With regard to the physical power side, Ed Sacks from Credit gave his approval to the assignment of these transactions today. I just sent Anne Lovett at PPL a draft Assignment Agreement this afternoon. Things are a bit easier on the physical power side because there are master agreements already in place on both sides, which cover the OTC and the EOL trades. Let me know if you want a copy of anything we produce or sign. Shari Tana Jones 06/19/2000 03:16 PM To: Shari Stack/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT cc: Mark Taylor/HOU/ECT@ECT Subject: PP&L Alssignment of Trades I just got off the phone with someone at PP&L and I am trying to coordinate our response to assigning our physical gas, physical power, financial and online transactions. Per my discussion with PP&L, Shari is working on the physical power assignments, Stacy has received the gas assignments, which in it includes an assignment of the online account, and the woman at PP&L is faxing me an assignment of their financial positions with us. PP&L tells me that we have recevied Credit approval of these assignments, although I have not received such approval. With respect to assigning their online account, I don't know if Frank has any particular issues, my only issue is that we don't only assign an account, in doing so we assign all trades under that account, and if the only trades done with PP&L are physical gas, power & financial, then we should be alright (if Frank is ok, in consenting to the assignment of the online account). It seems to be a problem with her in opening a new account. Saying, all that, I guess I need to know if (1) Credit has approved all these consents, (2) when power & gas have consented, and (3) if Frank is OK with assigning the online account over...
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