Message-ID: <22451789.1075853406120.JavaMail.evans@thyme> Date: Mon, 22 Jan 2001 08:51:00 -0800 (PST) From: elizabeth.sager@enron.com To: vicki.sharp@enron.com Subject: RE: PGE (unregulated) seeking forbearance - fyi Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Elizabeth Sager X-To: Vicki Sharp X-cc: X-bcc: X-Folder: \Elizabeth_Sager_Nov2001\Notes Folders\All documents X-Origin: Sager-E X-FileName: esager.nsf fyi - we have right to terminate EEMC power positions assumed by EPMI and have been letting them know that we might exercise this termination right if they don't help us on the collateral issues. ----- Forwarded by Elizabeth Sager/HOU/ECT on 01/22/2001 04:49 PM ----- "Meier, Peter" 01/22/2001 04:19 PM To: "'Lisa.Mellencamp@enron.com'" , "'wbradfo@enron.com'" cc: "'carol.st.clair@enron.com'" , "'elizabeth.sager@enron.com'" , "'mary.cook@enron.com'" , "Barpoulis, Sarah" , "Hein, Jennifer" , "Sarti, Daniel" , "Fudali, Kathy" Subject: RE: FW: PGE NETTING Lisa and Bill: Despite all of our hard work, 5 pm central is 45 minutes away. We would like the forbearance letter extended. I repeat our request for an "evergreen" forbearane (i.e., forbearance continues in effect, subject to termination on one days notice), but in any event need a sufficient number of days to keep the momentum going forward. Please confirm by return e-mail your response, with faxed copies of reissued letters to follow immediately. With respect to the Netting Agreement, I am reviewing, and need to talk to Lisa. -----Original Message----- From: Lisa.Mellencamp@enron.com [mailto:Lisa.Mellencamp@enron.com] Sent: Monday, January 22, 2001 11:53 AM To: peter.meier@neg.pge.com Cc: 'carol.st.clair@enron.com'; 'elizabeth.sager@enron.com'; 'lisa.mellencamp@enron.com'; 'mary.cook@enron.com' Subject: Re: FW: PGE NETTING i thought ceg was out for regulatory issues?? Lisa J. Mellencamp Enron North America Corp. - Legal 1400 Smith St. Houston, TX 77002 Tel: (713) 853-7986 Fax: (713) 646-3393 E-mail: Lisa.Mellencamp@enron.com "Meier, Peter" , g.pge.com> "'elizabeth.sager@enron.com'" , "'mary.cook@enron.com'" , 01/22/2001 "'carol.st.clair@enron.com'" 10:49 AM cc: Subject: FW: PGE NETTING Per my voice mail, in addition to other changes we are discussing, I would like to modify PG&E Affiliate and Enron Afiliate to mean affiliates who are party to an Underlying Master Agreement, and expressly recognize that PG&E Gas Transmission, Northwest Corporation is not a PG&E Affiliate. These additions are shown blacklined in the first attachment to this e-mail. Also, add to signature block of the Netting Agreement and to the coverage of the Guarantee our affiliate CEG Energy Options Inc. Thanks, Peter cell phone 301-502-1715 -----Original Message----- From: Mary.Cook@enron.com [mailto:Mary.Cook@enron.com] Sent: Saturday, January 20, 2001 2:37 PM To: Lisa.Mellencamp@enron.com; peter.meier@neg.pge.com; Elizabeth.Sager@enron.com; Carol.St.Clair@enron.com Cc: Travis.McCullough@enron.com Subject: PGE NETTING Attached is the revised netting agreement based upon certain PGE comments. (See attached file: PG&E MASTER NETTING AGREEMENT 1-20COOKRED.DOC)(See attached file: PG&E Master Netting Agreement 1-20cook.doc) Cordially, Mary Cook Enron North America Corp. 1400 Smith, 38th Floor, Legal Houston, Texas 77002-7361 (713) 345-7732 (phone) (713) 646-3490 (fax) mary.cook@enron.com PG&E National Energy Group and any other company referenced herein that uses the PG&E name or logo are not the same company as Pacific Gas and Electric Company, the regulated California utility. Neither PG&E National Energy Group nor these other referenced companies are regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products from these companies in order to continue to receive quality regulated services from the utility. (See attached file: PG&E MASTER NETTING AGREEMENT 1-20COOKRED.DOC) (See attached file: PG&E Master Netting Agreement 1-20cook.doc)