Message-ID: <21035317.1075853420744.JavaMail.evans@thyme> Date: Wed, 6 Jun 2001 06:47:00 -0700 (PDT) From: elizabeth.sager@enron.com To: carol.clair@enron.com Subject: Fwd: FW: EEI Collateral Documentation Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Elizabeth Sager X-To: Carol St Clair X-cc: X-bcc: X-Folder: \Elizabeth_Sager_Nov2001\Notes Folders\All documents X-Origin: Sager-E X-FileName: esager.nsf fyi ----- Forwarded by Elizabeth Sager/HOU/ECT on 06/06/2001 01:45 PM ----- "Andy Katz" 06/06/2001 01:35 PM To: cc: Subject: Fwd: FW: EEI Collateral Documentation One of two comments received on Collateral Annex documents Andrew S. Katz, Director Industry Legal Affairs Edison Electric Institute 701 Pennsylvania Avenue, N.W. Washington, D.C. 20004 Voice: 202-508-5616 Fax: 202-508-5673 e-mail: akatz@eei.org - TEXT.htm Received: from pitbull.ep.hess.com (ns.ameradahess.com [207.51.255.129]) by mail.eei.org; Tue, 05 Jun 2001 17:12:38 -0400 Received: from hacnte03.ep.hess.com by pitbull.ep.hess.com via smtpd (for mail.eei.org [204.254.108.2]) with SMTP; 5 Jun 2001 21:19:50 UT Received: from wdb-ex-001.rm.hess.com (wdbex001.rm.hess.com [10.103.10.17]) by hacnte03.ep.hess.com with SMTP (Microsoft Exchange Internet Mail Service Version 5.5.2650.21) id LQBNCY6M; Tue, 5 Jun 2001 16:19:49 -0500 Received: by wdbex001.rm.hess.com with Internet Mail Service (5.5.2448.0) id ; Tue, 5 Jun 2001 17:19:41 -0400 Message-ID: <7911DD490C96D311B6AA00508B63B97A03A4326A@wdbex003.rm.hess.com> From: "Crespo, John" To: "'akatz@eei.org'" Subject: FW: EEI Collateral Documentation Date: Tue, 5 Jun 2001 17:19:29 -0400 MIME-Version: 1.0 X-Mailer: Internet Mail Service (5.5.2448.0) Content-Type: text/plain; charset="iso-8859-1" Andy, we didn't have too many comments, but here they are: > -----Original Message----- > From: Cerria, Chuck (Commodities - NY) > Sent: Tuesday, June 05, 2001 4:16 PM > To: Crespo, John > Cc: Butala, John (Commodities - NY); Trivino, Grimuald (Commodities - > NY) > Subject: EEI Collateral Documentation > > We concur with Enron's and AEP's comments, except as follows: > > 1.Interest should be payable on cash collateral held each month and upon > return of the collateral. > 2. 15 days to expiry should be the trigger on LC's so that if the LC does > not auto renew, the pledgee can draw down on the LC when the expiry is > within 15 days. > - Andy Katz.vcf