|
|
Enron Mail |
-----Original Message----- From: "Bruning, Dianne" <Dianne.Bruning@Bmo.com<@ENRON Sent: Thursday, November 01, 2001 1:30 PM To: Taylor, Mark E (Legal) Cc: DeVeny, David Subject: FW: Ring Trades Dear Mark, I received your voicemail and apologize for the delay in responding to you. I have reviewed the language proposed below and we agree that we are willing to include this language in the confirmations with respect to the off market trades in question. Please do not hesitate to contact me directly if you need any further information from me. Best regards, Di Bruning Legal Counsel Commodity Derivatives Group Bank of Montreal -----Original Message----- From: DeVeny, David Sent: Wednesday, October 31, 2001 4:16 PM To: Bruning, Dianne; Whitmore, James B. Cc: Moore, Robert B., Jr. Subject: FW: Ring Trades Dianne: How should I reply to this message. Thanks, David -----Original Message----- From: Storey, Geoff [mailto:Geoff.Storey@ENRON.com] Sent: Wednesday, October 31, 2001 3:47 PM To: DeVeny, David Subject: Ring Trades David, Thanks for your patience. We are working hard on getting Coral and BP North America on board with the ring trades. I have another counterparty that may want to ring out some ATM Chicago basis. Let me know about that. I have also enclosed the language that would tie all these trades together. Thanks, Geof Storey 713-853-7058 Each of the parties to this Agreement recognizes and acknowledges that the parties are acting and agreeing to perform their obligations hereunder in reliance upon (i) the timely execution and delivery by [legal name of other counterparty] ("Third Party") and Party A of a transaction in substantially the form attached hereto as Exhibit A ("Third Party Transaction A") and would not otherwise agree to execute, deliver and perform under this Agreement if Third Party and Party A were not contemporaneously executing and delivering Third Party Transaction A and (ii) the timely execution and delivery by Third Party and Party B of a transaction in substantially the form attached hereto as Exhibit B ("Third party Transaction B") and would not otherwise agree to execute, deliver and perform under this Agreement if Third Party and Party B were not contemporaneously executing and delivering Third party Transaction B. The effectiveness of this Agreement shall be subject to the condition that contemporaneously with the execution and delivery of this Agreement Party A and Third Party execute and deliver Third Party Transaction A and Party B and Third Party execute and deliver Third Party Transaction B. ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. ********************************************************************** <FONT SIZE = 1<**************************************************************************** This e-mail and any attachments may contain confidential and privileged information. If you are not the intended recipient, please notify the sender immediately by return e-mail, delete this e-mail and destroy any copies. Any dissemination or use of this information by a person other than the intended recipient is unauthorized and may be illegal. Unless otherwise stated, opinions expressed in this e-mail are those of the author and are not endorsed by the author's employer.</FONT<
|