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Could someone please identify the contract and what was sent to Allyson?
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Thanks, Kay
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Gregg, Sheila was telling me that Enron has an ISDA agreement with Peoples, and there's some guaranty language there, also.
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I'll try to track this down.
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Kay ps I've asked Sara for the ISDA agreement.
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I'll let you know when I get it.
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My fax number is 63491.
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FYI, I want to see if we are in compliance with the confidentiality provisions of those contracts.
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In fact, I would like to get a copy of the 501 D contract (I have the GE contract).
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Do you have a copy of the entire thing?
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Thanks, Kay
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So do you know where the piece of the contract came from?
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Maybe we can track down the rest.
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I have seen an electronic copy of a contract which may or may not be the correct one since the delivery date is last June.
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I think ENA needs a complete copy of the contract, including any executed change orders.
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Do you think someone in your group might have that?
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Many thanks, Kay
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I think it would be a good idea.
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We really need the ENTIRE executed contract, with change orders (opps, said that already), and I only have an electronic copy.
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No good deed goes unpunished.
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Hi Karen, Our accounting contact is leaving tomorrow at 100, so it would be helpful to get this information as soon as possible.
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It would also help if you could send a redline against the version I had sent you, as this was the last draft reviewed by Accounting.
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Thanks, Kay
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Nancy, I knew you were thinking about it, so I didn't worry.
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I'm monkeying around the PPA, only because I had a meeting with Ozzie and Heather late last night.
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Will you be picking up emails in the next day or so?
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I can forward you what I've done for your review.
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We need to get a Enron/BP dialogue going concerning the lease with the City of Rocky Mount.
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When do you want to discuss this (or have us discuss it with the right B & P person)?
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Thanks, Kay
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Speaking of options....
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I don't think I saw that happen.
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I need to set up a conference call with the outside lawyer who will be drafting the lease (and other docs).
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Who would like to participate in the call?
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How about Thursday am?
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Thanks, Kay
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viola
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Thank you for your response.
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It is always refreshing to get good news!
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I'm at home this am trying to get it finished up.
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I just couldn't get 15 clear minutes at the office.
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Here are my comments: Revise "whereas" clauses to make it an option for an easement, not a current grant of an easement.
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Should we be able to enter all of Parcel 2 for due diligence, as opposed to just the easement area?
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(paragraph 7) Matt, I wanted you to be aware of paragraph 17.
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Kay
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I'm at home this am, working.
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What do you think of this?
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(sorry it isn't redlined yet) (b) Intra-Day Scheduling.
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Buyer may, upon at least four (4) Hours minimumadvance notice to Seller, request changes to a Schedule by way of an Intra-Day Schedule Notice.
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Any such changes shall be in increments of at least 50 MW and may not exceed the Contract Capacity nor reduce the Schedulto less than four (4) Hours.
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If the Intra-Day Schedule Notice requires anincrease in the Scheduled Energy per the Day-Ahead Schedule Notice, Sellershall, at its sole discretion determine whether to dispatch the Facility orprovide Energy from Market Sources.
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Seller shall use commercially reasonabefforts to provide Buyer with a price to accommodate Buyer,s Intra-DaySchedule Notice.
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Such price shall include lost profit from any transactionwhich would be cancelled in order to accommodate Buyer,s Intra-Day SchedNotice, plus all additional costs (whether direct or indirect); provided,however, that such costs shall be limited to costs actually incurred by Seller (including cost of cover, penalties, liquidated damages, cancellatiocharges or the like due to another Person) with respect to (i) transactionsentered into by Seller with other Persons prior to receipt of Buyer,s Intra-Day Schedule Notice (provided that such transactions and the terms thereof can be verified in an audit to be performed in accordance with Section 8.3, (ii) transactions that must be entered into by Seller in orderto accommodate Buyer,s Intra-Day Schedule Notice or (iii) extra costs incurred in operating the Facility to accommodate such notice. For the avoidance of doubt, such costs shall not include Seller,s lost opportunicosts with respect to transactions that Seller may have been able to obtainbut were not entered into by Seller prior to receipt of the Intra-Day Schedule Notice. If Buyer accepts Seller,s price, then the Schedule shall be revised to reflect the changes. If Seller is unable to accommodate BuyerIntra-Day Schedule Notice, such Hours shall not be included as Scheduled Energy for the purpose of determining the Forced Outage Rate. Seller shallhave the right, but not the obligation, to resell any Energy not taken byBuyer due to a decrease in Energy pursuant to an Intra-Day Schedule Noticeprovided, however, that the revenues from any such sales will be offset against the additional costs to be charged to Buyer as provided in this Section 3.4(c).
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I called in for the Finance meeting.
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I'm trying to finish up an important document and could never get a half hour without interruption.
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I should be in after lunch.
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Kay
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I've returned the Staff's phone call, but got voice mail.
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It would be helpful to discuss this before I talk to them.
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Could we schedule something around noon (or later)?
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Thanks, Kay
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Now you know why I'm at home.
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I just checked my messages.
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Nothing from SF yet.
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Maybe we give it a couple of hours.
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I'm getting nervous, but I tell myself that whatever works out will be for the best.
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No problem.
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I got some comments from Accounting, but I'm fine if you want it to go out with the caveat that Enron has a couple of minor administrative points to clear up.
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Kay
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I know I'm repeating myself...thank you, thank you, thank you....
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I'm working as fast as I can.
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Things connect together, so it takes a little while.
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I think I'm about done with the hard stuff.
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I still have to fix the liquidated damages/termination stuff, but here's a redline for you to look at.
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I picked up the comments from others (Terry, Christi) and these should be lined as well.
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I should be done soon.
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I'm losing it.
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GLAD YOU LOOKED!!!
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I need to provide the NCPUC a copy of the incorporation documents as soon as I can.
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How long will it take?
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Kay
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I spoke with Bob Henson.
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His questions were: ownership of LLC (I'm getting the documents) and status of PPA.
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Kay
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Yikes.
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I think I'd still rather be a woman, although now I can't remember why I feel that way.
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Got anything?
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Should have been signed this year.
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Thanks, Kay
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I think the LLC agreement would be a big help.
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Thanks!
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Yes, and please add me, too.
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I can't remember if I mentioned that before.
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This Friday - Michael goes for a visit at St. Francis, which may be his new school (so far, so good).
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I'll be in around1000 Most Fridays I'm going to TRY to pick Michael up since I'm away so much, which means leaving by 445 or so.
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October 4, ENA orientation in the am.
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October 19/20, Neil is out of town, so I have to pick Michael up from school (leave at 430) October 26/27, hope to be vacation time.
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Neil has a meeting in San Antonio (usually it is in Miami, San Francisco, Phoenix - not so great this year).
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It is the officer's meeting for Enterprise, and spouses are invited.
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This means we won't be in town for the Compaq thing.
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