|
|
Enron Mail |
Marcia,
Thank you for your e-mail regarding SP's to the purposed GISB. My responses are as follows: Section 1. We will agree to your suggest language. Netting: We suggest the following: In the event that Buyer and Seller are each required to pay an amount in the same Month hereunder, then such amounts with respect to each Party may be aggregated and the Parties may discharge their obligations to pay through netting, in which case the party, if any, owing the greater aggregate amount shall pay to the other party the difference between the amounts owed. Adequate Assurance: We will agree to 5 business days. Term: For firm delivery limit the use of the GISB to 30 days. For interruptible delivery there is no limit. We will agree to the above along with our other SP's as written. Thanks for your attention to the foregoing. Please let me have your thoughts. Regards, Debra Perlingiere Enron North America Corp. Legal Department 1400 Smith Street, EB 3885 Houston, Texas 77002 dperlin@enron.com Phone 713-853-7658 Fax 713-646-3490
|