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We'll need to run this back through Accounting. | dev42 |
I really don't like the inclusion of the language in paragraph 5. | dev42 |
If we add the language requested in paragraph 5, we need to run this agreement back through Accounting, and we may need to add some other additional language. | dev42 |
I don't know if Rusty and Fred think we may need a zoning change for this parcel. | dev42 |
Kay | dev42 |
Due to a last minute conflict, we need to reschedule this meeting. | dev42 |
How does everybody look for Wednesday? | dev42 |
Sorry for any inconvenience. | dev42 |
Kay | dev42 |
Karen, Please send me the revised version with the language you believe reflects Rusty's suggestion. | dev42 |
Otherwise, I will have to go to Accounting twice. | dev42 |
Please email me with the specific performance language you want to add to meet their request. | dev42 |
Thank you, Kay | dev42 |
Viola | dev42 |
As soon as I get a redline, I'll get it to Accounting and we can go forward quickly. | dev42 |
I will also process the Virgil and Joan Ledford deal at the same time. | dev42 |
I just had a meeting cancel for tomorrow, which will help. | dev42 |
Kay | dev42 |
Sorry for the inconvenience. | dev42 |
Ozzie had to leave town, and he wanted to participate in the first meeting. | dev42 |
I'm sure we will get something worked out. | dev42 |
Kay | dev42 |
Allyson, Here is a very recent version of the PPA: Kay | dev42 |
Hi Sara, I believe we still have an interest in using an Enron form as a go by for the Enron/Peoples activities. | dev42 |
If you can give me what you are comfortable with, I will make sure it is transmitted with the appropriate caveats, confidentiality restrictions, etc. Thanks, Kay | dev42 |
Here tis. | dev42 |
We'll be turning a new draft to Peoples today or tomorrow, but I figure it needs to go to Allyson now. | dev42 |
Kay | dev42 |
Hi Cle, We need a revolving loan agreement between Midwest (now enovate) and Enron. | dev42 |
Please call me at your convenience to discuss (713 345 7566). | dev42 |
Thanks, Kay | dev42 |
Hi there, Any luck with the form to work with on the affilate/epc/97 10 compliant contract? | dev42 |
Thanks, Kay | dev42 |
Hi Allyson, Someone was asking which of the information we have filed is public information. | dev42 |
Is the petition itself public? | dev42 |
What else would be public? | dev42 |
I know this is a variation to the "what is confidential" question. | dev42 |
Once again, your assistance is appreciated. | dev42 |
Kay | dev42 |
Hi Kay, I hate to admit this, but I need another copy of whatever confidentiality agreement we have with Virginia Power. | dev42 |
Thanks again, Kay | dev42 |
This may be our best bet. | dev42 |
This information is helpful. | dev42 |
Is the draft of the PPA submitted by VEPCO confidential? | dev42 |
Thanks, Kay | dev42 |
Hi Heather, The confidentiality agreement signed by Enron/Vepco states as follows: Except as required by law, neither party hereto nor their representatives will disclose to any person either the fact that discussions or negotiations are taking place between them not any terms, conditions or other fact with respect to any transaction that may be proposed or undertaken, including the status thereof. | dev42 |
We can loosen up the terms in the contract so that we can disclose certain terms to potential investors (I'll make that change), or we can discuss amending this agreement. | dev42 |
Additionally, it looks like we have the testimony and application filed with the Public Staff to work with. | dev42 |
Kay | dev42 |
One more thing. | dev42 |
Did someone send you copies of equipment contracts? | dev42 |
Those have confidentiality provisions which need to be considered. | dev42 |
Therefore, please advise what you received from Enron in that regard. | dev42 |
I was under the impression that most of what we were submitting we were submitting as confidential information, specifically including the responses to the Public Staff's data requests. | dev42 |
I don't recall the specifics at this point. | dev42 |
Thanks again, Kay | dev42 |
I don't know what I have in mind. | dev42 |
Austin? | dev42 |
Palacios? | dev42 |
I'm still struggling with the concept that if we see my parents for a holiday, we have to include your mom, or vice versa. | dev42 |
That just wasn't how it worked in our family growing up - we typically spent holidays with one or the other, rarely with both. | dev42 |
I'm trying to figure out the rules. | dev42 |
I haven't heard from St Francis yet. | dev42 |
Kay | dev42 |
This is a very rough draft based on an agreement done previously with a jv company. | dev42 |
I'm sending it for Enron review only, since I haven't even read the entire thing yet. | dev42 |
I thought you might want to take a look at it to see what you think, and to consider the scope of the services to be provided. | dev42 |
As for legal services, one alternative would be to have the services provided by an outside law firm, not associated with either principal. | dev42 |
Could you forward me what you received from Clement regarding the corporate guaranty issue? | dev42 |
I would like to see what's the latest in that regard. | dev42 |
Thanks, Kay | dev42 |
I think all of us who deal with assets are running across confidentiality hurdles in all kinds of agreements, including confidentiality agreements. | dev42 |
In short, our business people need the ability to disclose agreements to potential purchasers of projects, contracts and assets, and not all of our forms allow this. | dev42 |
I'm trying to include an exception for "potential lenders and investors" whenever I can (instead of just lenders). | dev42 |
Does someone have a more artful or effective solution? | dev42 |
Just wanted to share the thought so that more eyes could be watching for the issue. | dev42 |
Kay | dev42 |
HOUSTON (Dow Jones)--In the latest update of Enron Corp.'s (ENE, news, msgs) bandwidth trading activities, the company's chairman said Tuesday that it has completed about 90 trades of telecommunications bandwidth. | dev42 |
Speaking at the Dain Rauscher Energy 2000 Conference, Enron Chairman Ken Lay talked about the current status and futures plans the company has for bandwidth trading and broadband services. | dev42 |
Asked what kind of company Enron is, Lay gave an answer that shows the recent expansion of the company's business strategy beyond energy. | dev42 |
Enron is still basically "an energy and broadband company," he said. | dev42 |
While energy is still the source of most of Enron's revenue, Lay's answer underlines the growth potential it sees in broadband services and bandwidth trading. | dev42 |
A number of Enron officials have been quoted in the last year as saying that, in a few years, it could be making as much money from those areas as it now makes from its lucrative natural gas and power businesses. | dev42 |
Enron plans to spend $600 million-$650 million this year and about the same amount over the next two to three years on broadband and bandwidth trading, Lay said. | dev42 |
It will spend more during that time if necessary. | dev42 |
In fact, the company is planning to sell energy assets around the world in emerging markets that aren't growing quickly enough to meet Enron's standards. | dev42 |
Proceeds will be deployed into businesses like broadband and bandwidth trading, which are growing more quickly, he said. | dev42 |
In pioneering bandwidth trading as a commodity, Enron's 90 bandwidth deals put it far ahead of competitors in that nascent market area. | dev42 |
El Paso Energy Corp. (EPG, news, msgs) officials have said they have done 5-10 bandwidth trades this year. | dev42 |
Companies like Williams Communications Group (WCG, news, msgs) won't talk about the number of bandwidth trades they have made. | dev42 |
Bandwidth is the capacity to move data between two points on a telecommunications network. | dev42 |
Enron will finish deploying its domestic telecommunications network by the end of this year, Lay said. | dev42 |
Some of the fiber-optic network will be lit, or made operational, this year with the rest to be lit later. | dev42 |
The company has four bandwidth trading pooling points completed in New York, Los Angeles, Las Vegas and London. | dev42 |
Enron's current plans call for a total of 13 pooling points. | dev42 |
Bandwidth trading pooling points are facilities where telecom carriers can connect to each other to allow data to flow from one carrier to another, facilitating bandwidth trading. | dev42 |
Enron plans to begin delivering movies to home via broadband connections in December as part of its deal with Blockbuster Video and a number of telecom carriers. | dev42 |
The deal is a 20-year exclusive, worldwide deal with a potential contract value of more than $1 billion to Enron, according to materials the company handed out at the conference. | dev42 |
By Michael Rieke, Dow Jones Newswires, 713-547-9207, michael.rieke@wsj.com Quote for referenced ticker symbols: ENE, EPG, WCG, WMB , 2000 Dow Jones & Company, Inc. All Rights Reserved. | dev42 |
Hi Guys, I'm trying to figure out what info we submitted from which turbine contracts. | dev42 |
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