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Enron Mail |
Sheila:
Just a few notes from the Agreement: (1) Par. 2(d) - DBAB will use its "reasonable judgment" to value securities or other assets posted as margin (2) Par. 2(e) - DBAB will use its then current rates of exchange for any currency conversions (probably not applicable to ENA) (3) Par. 3 - Have we agreed to commissions and brokerage charges? These are to be agreed "from time to time" (4) Par. 5 - Position Limits: ENA must promptly notify DBAB if ENA is required to file position reports. Can you explain, please? (5) Par. 7(b) - Not sure why we're being asked to make this rep. What is ENA's relationship to the Enron FCM these days? (6) Par. 9(a) - Trader changes binding on DBAB upon receipt of written confirmation (7) Par. 9(d) - verify binding nature of trades Thanks. Sara Sara Shackleton Enron Wholesale Services 1400 Smith Street, EB3801a Houston, TX 77002 Ph: (713) 853-5620 Fax: (713) 646-3490
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