|
|
Enron Mail |
Mark,
I have created the product using the language that Leslie requires. If you= need more than this to sign-off on the Product type, please let me know. Kevin -----Original Message----- From: =09Hansen, Leslie =20 Sent:=09Friday, September 07, 2001 9:49 AM To:=09Meredith, Kevin; Walker, Chris Subject:=09RE: ERCOT spread Kevin and Chris: The spread looks fine except for one minor point. I'd included a parenthet= ical defined term at the end fo section (A) of the product long description= so that it would be clear in section (B) that Firm (LD) energy was as defi= ned in Schedule P of the EEI agreement. You deleted the reference. Please= include the parenthetical or give me a call to discuss leaving it out if y= ou prefer. Thanks, Leslie A US Power Spread Transaction (as defined below) with Enron Power Marketing= , Inc. under which the Seller (the "Spread Seller") and the Buyer (the "Spr= ead Buyer") shall enter into two physical power transactions, under which e= ither (A) for the case in which Counterparty submits an offer to buy from E= nron, Counterparty shall buy the First Product and sell the Second Product,= each in respect of the quantity of Firm (LD) energy equal to the Hourly Qu= antity at the Contract Price in accordance with the terms of the "Firm (LD)= " definition in Schedule P of the Edison Electric Institute Master Power Pu= rchase and Sale Agreement Version 2.1 (modified 4/25/00), including, withou= t limitation, any defined terms contained therein, notwithstanding anything= to the contrary in the master agreement, if any, that governs these Transa= ctions ("Firm (LD) Energy"); or (B) for the case in which Counterparty subm= its an offer to sell to Enron, Counterparty shall sell the First Product an= d buy the Second Product, each in respect of the quantity of Firm (LD) ener= gy equal to the Hourly Quantity at the Contract Price. -----Original Message----- From: =09Meredith, Kevin =20 Sent:=09Tuesday, September 04, 2001 1:26 PM To:=09Gilbert-smith, Doug Cc:=09Hansen, Leslie Subject:=09ERCOT spread Doug/Leslie, Here is a first rough draft of the long and short description for the ERCOT= spread. Please review and let me know your thoughts. If you have questio= ns, please call me at x3-9555. Kevin Meredith EnronOnline (713) 853-9555 << File: ERCOT Spreads.doc <<
|