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Enron Mail |
Tana/Karen:
The product long description below will fall under the new product type US= =20 Nitration Toluene Financial Swap. Tom Moran has approved copying the=20 profiles for the new product type from the following: US Benzene Financial Swap CMAI Spot Please respond no later than 10 a.m. on Wednesday, November 15. Thank you. ---------------------- Forwarded by Lisa Lees/HOU/ECT on 11/14/2000 01:38 P= M=20 --------------------------- =20 From: Melba Lozano = =20 11/13/2000 10:03 AM=09 =09 =09 =09 =20 =09 To: Mark Taylor/HOU/ECT@ECT cc: Lisa Lees/HOU/ECT@ECT, Karen Lambert/HOU/ECT@ECT=20 Subject: US NitTol Swap - approval required 2nd request Mark, Please approve the attahced product. =20 Thanks, ---------------------- Forwarded by Melba Lozano/HOU/ECT on 11/13/2000 10:0= 2=20 AM --------------------------- =20 From: Melba Lozano = =20 11/09/2000 10:11 AM=09 =09 =09 =09 =20 =09 To: Mark Taylor/HOU/ECT@ECT, John Swinney/HOU/ECT@ECT, Jeff=20 Blumenthal/HOU/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT,= =20 Stephen H Douglas/HOU/ECT@ECT cc: Karen Lambert/HOU/ECT@ECT, Robert B Cass/HOU/ECT@ECT, Lisa=20 Lees/HOU/ECT@ECT=20 Subject: US NitTol Swap - approval required Your review and approval of the following product type in the EOL Datamanag= er=20 is needed (for directions on approval , please see steps for approval at th= e=20 bottom of this e-mail). =20 Traders: Steve Elliott, Lee Jackson, Adam Metry US NitTol Swap CMAI Spot Aug-Oct00 USD/Gl-b A US Nitration Toluene financial Swap Transaction with Enron North America= =20 Corp. under which the Seller pays a Floating Price and the Buyer pays the= =20 price submitted by the Counterparty on the website (the Fixed Price) in eac= h=20 case in respect of the Notional Quantity per Determination Period. Each=20 calendar month during the Term of the Transaction will be a Determination= =20 Period; provided that, if the Term of the Transaction is less than one=20 calendar month the Determination Period shall be the Term of the=20 Transaction. The Notional Quantity per Determination Period shall be the= =20 volume submitted by Counterparty via the website. The Payment Date(s) will= =20 be 5 business days after the Floating Price is determinable. The Floating= =20 Price shall be the Index for the relevant Determination Period. The Term of the Transaction shall be from the Effective Date of 01 Aug 2000= =20 to the Termination Date of 31 Oct 2000. The Index for a Determination Period shall be the mean of the average of th= e=20 high and low price in Cents/Gallon of Toluene-Nit. published under the=20 headings =01&Prices for Period Ending Tue, 14 Nov 2000 06:45:00 -0800 (PST): United States: Toluene-Nit.)= =018=20 under the caption =01&SPOT: Cents/Lb.=018 in each issue of Chemical Market= =20 Associates, Inc.=01,s Aromatics Market Report (Weekly) that reports prices= =20 effective for such Determination Period. Notwithstanding the reference to= =20 pounds in the caption mentioned above, the prices quoted for this product b= y=20 CMAI are in Cents/Gallon. The price is quoted in US Dollars per unit of volume, which will be the=20 Contractual Currency. The unit of measure against which the price is quoted shall be gallons and= =20 the volume shown shall be in total number of Barrels (42 US Gallons) per=20 month. =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D =3D=3D=3D=3D=3D STEPS FOR APPROVAL: click the START button=20 select PROGRAMS select TEST APPLICATIONS select ENRONONLINE CLUSTER(PROD) PROCEED WITH USUAL LOGIN/PASSWORD=20 click the Enron Online Production Cluster "START" button =20 select EnronOnLine (this is the EOL Datamanager) PROCEED WITH EOL LOGIN/PASSWORD click on the "+" for EnronOnLine click on the "+" for Product Types click on the "+" for "Awaiting Approval" (OR "Partially Approved") select the product requiring review as stated in e-mail above Right "mouse" click on "properties" to view product set-up=20 TO APPROVE: Right mouse click on "Approved" =20 Thanks - Rob Cass - Melba Lozano x35491 x58986
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