Message-ID: <32297924.1075862344765.JavaMail.evans@thyme> Date: Fri, 23 Nov 2001 06:09:34 -0800 (PST) From: l..nicolay@enron.com To: joe.hartsoe@enron.com, d..steffes@enron.com, elizabeth.sager@enron.com, m..presto@enron.com, dana.davis@enron.com, dana.davis@enron.com, dana.davis@enron.com, s..bradford@enron.com Subject: RE: Need to pay PJM bill by COB Tues 11/27. NOTICE OF PJM OPERATING AGREEMENT BREACH - November 20th PAYMENT TO PJM IS OVERDUE Cc: j..kean@enron.com, richard.shapiro@enron.com, tom.hoatson@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: j..kean@enron.com, richard.shapiro@enron.com, tom.hoatson@enron.com X-From: Nicolay, Christi L. X-To: Hartsoe, Joe , Steffes, James D. , Sager, Elizabeth , Presto, Kevin M. , Davis, Mark Dana , Davis, Mark Dana , Davis, Mark Dana , Bradford, William S. X-cc: Kean, Steven J. , Shapiro, Richard , Hoatson, Tom X-bcc: X-Folder: \SKEAN (Non-Privileged)\Kean, Steven J.\Deleted Items X-Origin: Kean-S X-FileName: SKEAN (Non-Privileged).pst Bill -- My understanding was that Enron had satisfied PJM's credit requirements last week; however, below is a notice that the bill has not been paid and Enron will not be able to participate in PJM markets if the bill is not paid by 11/27 COB. Please let us know if Gov't Affairs needs to call PJM to try to discuss this. Christi 37007. -----Original Message----- From: Hartsoe, Joe Sent: Wed 11/21/2001 9:20 AM To: Nicolay, Christi L.; Steffes, James D. Cc: Kean, Steven J.; Shapiro, Richard Subject: FW: NOTICE OF PJM OPERATING AGREEMENT BREACH - November 20th PAYMENT TO PJM IS OVERDUE FYI -----Original Message----- From: daughes@pjm.com [] Sent: Tuesday, November 20, 2001 8:43 PM To: bpitre@enron.com; jhartso@enron.com Cc: drausl@www1.pjm.com; lynchmr@www1.pjm.com Subject: NOTICE OF PJM OPERATING AGREEMENT BREACH - November 20th PAYMENT TO PJM IS OVERDUE Importance: High > This is your formal notice that PJM now considers your company in breach of > the PJM Operating Agreement for non-payment of your November 7, 2001 PJM > invoice by 1 p.m. today. In accordance with the current provisions of Section > 15.1.3 of PJM's Operating Agreement, you have three business days to rectify > this breach by making full payment to PJM. If this breach is not rectified by > the end of PJM's business day on Tuesday, November 27, 2001, PJM will declare > your company in default and terminate your rights to participate at PJM > committee meetings, to transact business in PJM's markets, and to receive > transmission service from PJM. Additionally, all PJM Members will receive a > list tomorrow of companies that did not pay their invoice for October activity > on the due date. > > If you have any questions regarding this notice or the amount your company > owes to PJM, please contact Molly Lynch at 610-666-8876 or Lisa Drauschak at > 610-666-4247. > > Suzanne Daugherty > Controller