Message-ID: <12399882.1075858845931.JavaMail.evans@thyme> Date: Tue, 16 Oct 2001 12:42:53 -0700 (PDT) From: shelley.corman@enron.com To: frazier.king@enron.com Subject: FW: Gulfstream OBA-Final Look Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Corman, Shelley X-To: King Jr., Frazier X-cc: X-bcc: X-Folder: \SCORMAN (Non-Privileged)\Sent Items X-Origin: Corman-S X-FileName: SCORMAN (Non-Privileged).pst fyi -----Original Message----- From: Corman, Shelley Sent: Tuesday, October 16, 2001 2:43 PM To: McCoppin, Dorothy Subject: RE: Gulfstream OBA-Final Look Dot - I think Frazier did understand and was representing my view. I'd rather that there were no tolerances in the OBA -- only the concept of reasonable balances. With this point located in the makret area, it is quite possible that we'll be the ones with the swing (especially since we'll have flow control). If you prefer a tolerance in both the termination and tolerance paragraphs I guess that's fine -- since the only remedy in either case is termination of the OBA. The existing balance (even if over 100,000 cum) will be settled up under the OBA. -----Original Message----- From: McCoppin, Dorothy Sent: Tuesday, October 16, 2001 2:22 PM To: Corman, Shelley Subject: FW: Gulfstream OBA-Final Look Importance: High Shelley -- Frazier did not seem to understand my changes in the tolerance sections (4c and 4d). So, to clarify: On the tolerances, my concern was twofold -- that we only have the 100,000 dth limit in the "termination" paragraph (and not in the tolerance paragraph), and that it was not clear that, even if the cumulative daily imbalances totaled only 5% of the scheduled volumes for the month, the parties would work to keep it below an actual volume of 100,000 dth (or have a right to terminate the agreement if it were over that amount). --Dot -----Original Message----- From: McCoppin, Dorothy Sent: Tuesday, October 16, 2001 11:34 AM To: Farrell, Sharon; King Jr., Frazier Cc: Corman, Shelley; Hayes, Robert; Kilmer III, Robert; Boatman, Jack; Bryant, Mike Subject: RE: Gulfstream OBA-Final Look Here are my comments. (I have bolded them so you can see the changes.) --Dot << File: Gulfstream-OBA#9-10-01.doc >> -----Original Message----- From: King Jr., Frazier Sent: Monday, October 15, 2001 3:27 PM To: Corman, Shelley; Hayes, Robert; Kilmer III, Robert; McCoppin, Dorothy; Boatman, Jack; Bryant, Mike; Farrell, Sharon Subject: Gulfstream OBA-Final Look Importance: High Attached is our markup of the Gulfstream OBA with all of the changes we discussed today. Sharon's goal is to send it out by COB today. Please provide input to accommodate the schedule. Thanks. << File: 01-111 Gulfstream OBA (10-15-01) .doc >>